Formation of the modern paradigm of human capital theory

Voloshyna, Svitlana and Волошина, Світлана Василівна and Волошина, Светлана Васильевна (2018) Formation of the modern paradigm of human capital theory. Вісник Донецького національного університету економіки і торгівлі імені Михайла Туган-Барановського. Серія «Економічні науки». (1(68)). pp. 73-83. ISSN 2079-4819

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Abstract

The understanding of the objective historical preconditions for the formation of the theory of human capital has been specified. A historical chain of events has been built, which predetermined and completed the formation of this theory. It has been proved that the objective preconditions for the formation of the theory of human capital cover all the historical stages of the society’s development with its final stage of the post-industrial stage formation. The genesis of the theory of human capital as the evolution of views on man and his needs in the context of historical development of society has been formalized. It is substantiated that the formation and development of the theory of human capital should be considered in chronology with the historical development of society and social production, which is a reflection of changing human needs, and accordingly - the ways of their satisfaction, the priority of productive resources, the role of man in social production on the basis of assessment of the type of work and nature of social-labor relations as well as requirements for the laborers. The characterization of the stages of social development in the section of elements of the logical chain of creation of the preconditions for the theory of human capital, its design and definition of the tasks of further development is given in the article. The necessity of transforming the theory of human capital with the construction of a new configuration of its modern paradigm is determined. The latter is formed on the basis of a man-centered approach and represents a conceptual scheme of modern conception of the theory of human capital, the place of human interestsin it, the purpose and motives of its economic behavior and means of further development

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