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Schooling in Capitalist America: Educational Reform and the Contradictions of Economic Life is a 1976 book by economists Samuel Bowles and Herbert Gintis.Widely considered a groundbreaking work in sociology of education, [citation needed] it argues the "correspondence principle" explains how the internal organization of schools corresponds to the internal organisation of the capitalist ...
Herbert Gintis (February 11, 1940 – January 5, 2023) was an American economist, behavioral scientist, and educator known for his theoretical contributions to sociobiology, especially altruism, cooperation, epistemic game theory, gene-culture coevolution, efficiency wages, strong reciprocity, and human capital theory.
Samuel Stebbins Bowles (/ b oʊ l z /; born June 1, 1939), [1] is an American economist and Professor Emeritus at the University of Massachusetts Amherst, where he continues to teach courses on microeconomics and the theory of institutions. [2]
Human capital in a broad sense is a collection of activities: all the knowledge, skills, abilities, experience, intelligence, training and competences possessed individually and collectively by individuals in a population. These resources are the total capacity of the people that represents a form of wealth that can be directed to accomplish ...
Several variants are considered in Game Theory Evolving by Herbert Gintis. [2] In some variants of the problem, the players are allowed to communicate before deciding to go to the bar. However, they are not required to tell the truth. Named after a bar in Santa Fe, New Mexico, the problem was created in 1994 by W. Brian Arthur.
In 1990, Michael Kinsley stated, "Inequalities of income, wealth, status are inevitable, and in a capitalist system even necessary." [13] Rising wealth disparity increasingly undermines faith in the existence of meritocracy, as beliefs in equal opportunity and social equality lose credibility among lower classes who recognize the preexisting reality of limited class mobility as a feature of ...
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As Curry Malott noted, "Critical pedagogy was created as a break from the Marxism of Freire's Pedagogy of the Oppressed and Bowles and Gintis' Schooling in Capitalist America. Even though it is true that critical pedagogy has become increasingly domesticated and watered down, it's birth was an act of counterrevolution itself."