Human capital theory, or the notion that there is a direct relationship between educational investment and prosperity, has governed Western approaches to education and labor for the past fifty years. However, many degree recipients have experienced the opposite. This book demonstrates that the human capital story is one of a failed revolution that requires an alternative approach to education, jobs, and income inequalities. Rather than abandoning human capital theory, the book calls for a broader view of education not merely as schooling, but as the process of acquiring the skills necessary to take on a flexible range of jobs and roles. In a rapidly changing job market, workers will need to capitalize on the skills, talents, and personality traits that they have honed through a lifetime of learning, rather than their academic credentials. A controversial challenge to the reigning ideology on economics and education, this text provides important insights into the current plight of the overqualified, underemployed labor market"--
This volume aims to provide a comprehensive analysis of the social and economic positions of recent Chinese immigrants and their children in four western developed countries: Australia, Britain, Canada and USA. It will be the first attempt to systematically compare the experiences of overseas Chinese across multiple destinations using quantitative survey data and standardised analysis, while controlling for the heterogeneity of the countries of origin. Such an approach will yield new insights into how social and economic conditions at destinations affect the adaptation of immigrants.
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