Das Human-Kapital: A Theory of the Demise of the Class Structure
提出,资本家为了维持利润率,主动推动公共教育,导致资本家与工人之间的阶级结构消亡,并用1902年英国教育改革的投票模式验证该理论。
This paper suggests that the demise of the capitalists—workers class structure was a socio-economic transformation orchestrated by the capitalists in reaction to the increasing importance of human capital in sustaining their profit rates. Physical capital accumulation in the process of industrialization enhanced the importance of human capital in production and generated incentives for capitalists to support the provision of public education for the masses, triggering the demise of the existing class structure. The implications of the theory are consistent with the voting patterns on England's education reform of 1902. Copyright 2006, Wiley-Blackwell.