Sociology 2105A/B Lecture Notes - Lecture 3: Human Capital, Knowledge Economy, Proletariat

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The growth of post-secondary education: knowledge economy assumption: jobs require more skills and knowledge. Elite mass universal (post-secondary change) Kills/k(cid:374)o(cid:449)ledge = for(cid:373)s of (cid:862)(cid:272)apital(cid:863) (cid:894)resour(cid:272)es(cid:895) that (cid:272)reate e(cid:272)o(cid:374)o(cid:373)i(cid:272) a(cid:272)ti(cid:448)ity a(cid:374)d growth. Assumption: investment in education yield a benefit (interest) for the individual and society: the greater the investment, the more the return. Results in supply-side policies supply of labour is more educated. Mass edu(cid:272)atio(cid:374) has (cid:373)a(cid:374)y (cid:862)late(cid:374)t (cid:894)hidde(cid:374)(cid:895) fu(cid:374)(cid:272)tio(cid:374)s(cid:863) i(cid:374) the i(cid:374)terests of elites: sponsored vs. contest mobility: the white collar proletariat. Contest all equally in contest, one with best grades wins. Preparation for alienated and proletarianized labour force through weeding and cooling out (convince people what is happening to them is in their best interest. White collar proletariat: mass expansions create surpluses of white-collar workers with false-consciousness: easier to control lower wages and benefits, massive underemployment is complimentary. Keep young people busy until needed in the white-collar proletariat. Appealing to the market of for-profit online education.

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