• DocumentCode
    3177619
  • Title

    The thought of human capital and Marxian capital theory

  • Author

    He, Fuying ; Xu, Huanzhang ; Wang, Han ; Hu, Aijun

  • Author_Institution
    Sch. of Manage., Xi´´an Polytech. Univ., Xi´´an, China
  • fYear
    2011
  • fDate
    8-10 Aug. 2011
  • Firstpage
    1779
  • Lastpage
    1782
  • Abstract
    In the Marxian capital theory, it is considered that capital is the opposite of labor-power, the variable capital is the capitalist´s capital and the manpower isn´t the laborer´s capital. According to the logic of Marxian capital theory, there wouldn´t have a version of “human capital”. But the theory of human capital in economics, it has emphasized that “human capital” has performed a more important function than physical capital. The relation between human capital theory and Marxian capital theory has been discussed. In this paper, the human capital is regarded as subdivision of the Marxian labor-power commodity productions, the human capital is the product of workforce investment. With the coming of knowledge economy, “human power” can borrow capital concept.
  • Keywords
    economics; labour resources; Marxian capital theory; Marxian labor power commodity productions; economics; human capital; knowledge economy; laborer capital; manpower; physical capital; workforce investment; Economics; Humans; Investments; Materials; Production; Training; capital; human capital; labor; labor-power;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
  • Conference_Location
    Deng Leng
  • Print_ISBN
    978-1-4577-0535-9
  • Type

    conf

  • DOI
    10.1109/AIMSEC.2011.6010786
  • Filename
    6010786