Marksowska krytyka koncepcji kapitału ludzkiego
Marxian critique of the human capital theory

Summary/Abstract: Soon after the neoclassical idea of capital was disavowed, a new concept of (endogenous)growth was introduced and the theory of human capital was a part of it. The theorists claim that‘homo oeconomicus’ invests in his/her intrinsic capital expecting some yield in the future. To assessthis concept is the purpose of the paper. The method of analysis is theoretical, based on – let us callit – the paradigm of production and distribution, stemmed from classical economists and developedby Marx, Sraffa and Pasinetti. Human capital theory, on the other side, is based on the methodologicalindividualism, which means marginal utility theory: the driver of the investment process ispreference of a single person being theoretically (and artificially) separated from a) the system ofproduction, which includes the technological interdependence among the members of society, andb) the institutions of distribution. The absence of any theory of distribution leads to shortcomings,already proven during the famous capital controversy. In consequence, the „human capital” conceptneither can explain capital nor knowledge (technical progress).

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