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Originally Posted by Scucca Social benefits are reliant on education achieving its 'human capital' role (i.e. maximisation of skills). However, the education system is effectively cheapened by a secondary role: certification. This role is primarily used to maintain intergenerational divides. It is through direct regulation that human capital can be ensured. |
How do you describe the difference between maximization of skills, and certification? How would you track the education systems ability to maximize skills? How would you track the education system's "waste" on certification?
What is an example of regulation that ensures maximization of skills without certification?
How is this regulation incompatible with providing education services via the private sector? By contrast automobiles are provided via the private sector while adhering to (and often surpassing) the minimum safety regulations.
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