Jump to ContentJump to Main Navigation
The Global AuctionThe Broken Promises of Education, Jobs, and Incomes$
Users without a subscription are not able to see the full content.

Phillip Brown, Hugh Lauder, and David Ashton

Print publication date: 2010

Print ISBN-13: 9780199731688

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199731688.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 16 June 2021

High Skills, Low Wages

High Skills, Low Wages

Chapter:
(p.113) Chapter Eight High Skills, Low Wages
Source:
The Global Auction
Author(s):

Phillip Brown

Hugh Lauder

David Ashton

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199731688.003.0019

This chapter considers the full impact of the global auction, as well as the influence of having access to college credentials. It examines the possibility that decreasing returns to human capital will be blamed on the aftermath of an economic crash instead of a secular shift in the global balance of economic power. This is followed by a study of the American corporate elites and those who do not have a college degree. The discussion also looks at earnings, which are part of the total rewards for workers. The chapter also examines human capital, the global middle class, the importance of the national context in shaping the global auction for American workers, and the introduction of new technologies as a source of income inequalities.

Keywords:   global auction, college degree, corporate elites, human capital, economic crash, economic power, earnings, global middle class, income inequalities

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .