Human Capital: The Tragedy of the Education Commons

Does the education system make better people?
Why are so many – teachers and students alike – stressed and dissatisfied?
Do we need to revive real education?

Ideally, education is about the pursuit of truth, beauty and morality. But in the last few decades, a perilous fixation with human capital – skills, knowledge and aptitudes required for the labour market – has trampled over curricula, schools and universities. Rather than learning how to think critically about the world, from cradle to grave students are trained to be more effective workers, to make more money, and to serve an hegemonic ideology. Teachers and researchers are pressed to serve those goals.

In this concluding book in his series on the commons, Guy Standing shows us how education – intrinsically a common public good – has been enclosed, privatised, financialised and corrupted, turned into an instrument of societal control, not human emancipation, weakening democracy, not strengthening it. Human Capital charts how the education industry largely serves commercial interests, not its teachers and students, and considers how to revive its lost values, to save society for the common good.

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Human Capital: The Tragedy of the Education Commons

Does the education system make better people?
Why are so many – teachers and students alike – stressed and dissatisfied?
Do we need to revive real education?

Ideally, education is about the pursuit of truth, beauty and morality. But in the last few decades, a perilous fixation with human capital – skills, knowledge and aptitudes required for the labour market – has trampled over curricula, schools and universities. Rather than learning how to think critically about the world, from cradle to grave students are trained to be more effective workers, to make more money, and to serve an hegemonic ideology. Teachers and researchers are pressed to serve those goals.

In this concluding book in his series on the commons, Guy Standing shows us how education – intrinsically a common public good – has been enclosed, privatised, financialised and corrupted, turned into an instrument of societal control, not human emancipation, weakening democracy, not strengthening it. Human Capital charts how the education industry largely serves commercial interests, not its teachers and students, and considers how to revive its lost values, to save society for the common good.

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Human Capital: The Tragedy of the Education Commons

Human Capital: The Tragedy of the Education Commons

by Guy Standing
Human Capital: The Tragedy of the Education Commons

Human Capital: The Tragedy of the Education Commons

by Guy Standing

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Overview

Does the education system make better people?
Why are so many – teachers and students alike – stressed and dissatisfied?
Do we need to revive real education?

Ideally, education is about the pursuit of truth, beauty and morality. But in the last few decades, a perilous fixation with human capital – skills, knowledge and aptitudes required for the labour market – has trampled over curricula, schools and universities. Rather than learning how to think critically about the world, from cradle to grave students are trained to be more effective workers, to make more money, and to serve an hegemonic ideology. Teachers and researchers are pressed to serve those goals.

In this concluding book in his series on the commons, Guy Standing shows us how education – intrinsically a common public good – has been enclosed, privatised, financialised and corrupted, turned into an instrument of societal control, not human emancipation, weakening democracy, not strengthening it. Human Capital charts how the education industry largely serves commercial interests, not its teachers and students, and considers how to revive its lost values, to save society for the common good.


Product Details

ISBN-13: 9780241688199
Publisher: Penguin UK
Publication date: 01/29/2026
Sold by: Barnes & Noble
Format: eBook
Pages: 224

About the Author

Guy Standing has held professorships at Bath, London and Monash universities, was a programme director in the UN's International Labour Organization and has advised many international bodies and governments on social and economic policies. He co-founded the Basic Income Earth Network and is now its co-president. He is author of the bestselling The Precariat: The New Dangerous Class (2011), Basic Income: And How We Can Make It Happen (2017) and Plunder of the Commons: A Manifesto for Sharing Public Wealth (2019).
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