GLOBALIZATION, INTELLECTUAL CAPITAL AND DECENT LABOUR
GLOBALIZATION, INTELLECTUAL CAPITAL AND DECENT LABOUR

Summary/Abstract: In this paper, the author discusses the correlation between globalization as a social process and the process of intellectualizing labour, which has generated significant changes in the content and character of labour. In due course, it has resulted in the emergence of intellectual capital, where one’s labour activities demonstrate one’s knowledge and skills as the basic developmental resource. In terms of effectiveness, productivity and profitability, it necessarily presumes establishing a proper relationship with other participants in the labour process on the basis of freedom and equality. In this context, the author discusses the concept of decent and dignified labour, as an envisaged objective in the evolution of capitalism and human society at large, and elaborates on the prospects and effects of its exercise.

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