Abstract
The purpose of this chapter is to reconceptualize Human Capital Theory (HCT) with an eye on how imperialist notions of capital diminish or overlook valuable forms of knowing and relating and to discuss its impact on working on the global stage. The chapter presents a review of the normative conceptualization of HCT followed by a reconceptualization of HCT within the context of the moral economy driven by values of mutuality, human agency, dignity, and multiple culturally informed approaches. The chapter continues with a discussion of working and relating in the global context and concludes with a call to action for human resource development practitioners and researchers whose work is informed by reconceptualized HCT values. This could include being conscious of how HCT has contributed to systems of oppression, embracing intersectionality, and seeking out counter-narratives in the workplace.
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Cseh, M., Crocco, O.S., Hinshaw, J. (2023). Reconceptualizing Human Capital Theory: Working and Relating on the Global Stage. In: Collins, J.C., Callahan, J.L. (eds) The Palgrave Handbook of Critical Human Resource Development. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-10453-4_11
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