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  • Published: 28 April 2026
  • ISBN: 9780241688182
  • Imprint: Penguin Press
  • Format: Paperback
  • Pages: 512
  • RRP: $24.99
Categories:

Human Capital

The Tragedy of the Education Commons




A searing indictment of our broken education system today, and how we revive it

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.

  • Published: 28 April 2026
  • ISBN: 9780241688182
  • Imprint: Penguin Press
  • Format: Paperback
  • Pages: 512
  • RRP: $24.99
Categories:

About the author

Guy Standing

Guy Standing has a PhD in Economics from the University of Cambridge. He has held professorships at the University of Bath and SOAS, University of London, following a long career at the International Labour organisation in Geneva, and has advised the UN, World Bank and governments around the world on labour and social policy. He is currently a professorial research associate at SOAS. In 1986 he co-founded the Basic Income Earth Network (BIEN) and now serves as its honorary co-President. He has been invited to speak on the precariat and basic income in over 350 locations since his bestselling book The Precariat: The New Dangerous Class was first published in 2011. He lives in Switzerland and is a Fellow of the British Academy of Social Sciences.

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Praise for Human Capital

One of the clearest and most important studies to be published on education, worldwide, in many decades. Human Capital provides both the diagnosis and cure to those trying to school us towards competitiveness, individualism, and greed

Danny Dorling

Urgent and compelling, Human Capital is a rallying cry for a radically different kind of education system – one that puts imagination and empathy at its heart, and genuinely equips young people for the challenges ahead, instead of the current narrow joyless focus on ‘schooling’, where success is measured in money and status alone. A searing attack on the ‘education industry’, Standing’s latest book should be required reading for every education minister

Caroline Lucas

Guy Standing is one of our great truth-tellers. We must listen as he argues for the creation of educated minds that can move us away from the competitive horror of what currently passes for schooling, and help create an intergenerational community where equity and democratic values are paramount

Sally Tomlinson

With dazzling depth and lively prose, Human Capital chronicles the juggernaut of forces privatizing and commodifying the experience of education, which in turn is corrupting truth, social ethics, and civic virtue. But Standing’s book also suggests strategies by which we can revive education as a commons — through better systems of knowledge sharing, dialogical learning, collaborative creativity, vernacular practices, intergenerational memory-sharing, and more

David Bollier
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