title: ‘Human capital’, ‘human potential’ and labor law: The experience of an interdisciplinary approach
metadata.name: dc.contributor.author
metadata.value: Lushnikov, Andrey M.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-03-19T08:25:35Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-03-19T08:25:35Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2024
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Lushnikov, Andrey M. 2024. “‘Human capital’, ‘human potential’ and labor law: The experience of an interdisciplinary approach.” Russian Journal of Labour & Law 14: 141–155. https://doi.org/10.21638/spbu32.2024.108 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu32.2024.108
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/45097
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article gives the author’s analysis of the variety of approaches to the concept of “human
  capital”, which has developed within the framework of economic science. Its positive characteristics, the possibility of using it to solve the problems of theory and practice related to
  labor law are noted. At the same time, the conventionality of this term, its ambiguity, and
  insufficient adaptation to legal realities are criticized. The concept of “human potential”, its
  greater objectivity and correlation with empirical data, is assessed more positively. To confirm
  the author’s position, the views on this issue of scientists-economists, both foreign (primarily
  G. Becker) and domestic, are considered. The article proposes the author’s version of the
  relationship between the concepts of “human capital” and “human potential”. The first refers
  to social spending or “investment in people” of budgetary funds at all levels and household
  funds. This funding is aimed at the development of education, obtaining professional skills,
  knowledge, skills, maintenance of employees during the period of disability, social support
  for families, housing, medical care, cultural development. This formulation of the question
  allows us to talk about the return on investment of “human capital”, i. e. of the ratio of investments
  and subsequent income (negative, neutral or positive). It will still remain a metaphor
  (and the equivalence of investments and the return on them will always be relative), but not
  completely divorced from life. “Human potential”, respectively, is considered as the potential
  ability of a person to realize himself, to participate in the economic life of society. It includes
  talent, moral and business qualities, education, professional knowledge, skills and abilities,
  as well as work experience, health status. This potential is not measured in rubles or another
  currency, but “human capital” is invested in it, relative to which the return is calculated. At
  the same time, doubts were expressed about the need to introduce “human capital” into the
  doctrine of labor law.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Russian Journal of Labour & Law;Volume 14
metadata.lang: -
metadata.name: dc.subject
metadata.value: human capital
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: human potential
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: labor potential
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: qualification potential
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: social capital
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: cultural capital
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: ‘Human capital’, ‘human potential’ and labor law: The experience of an interdisciplinary approach
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 141-155.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/45097/1/141-155.pdf
resources.format: Adobe PDF
resources.size: 665,08 kB