| | | | PROBLEMS OF MODERN ECONOMICS, N 4 (36), 2010 | | | | ISSUES OF ECONOMIC THEORY. MACROECONOMICS | | | Sokolov B. I.
Professor of the Chair of Credit Theory and Financial Management,
St.Petersburg State University,
PhD (Economics)
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| | | The article offers a critical analysis of the notion “human capital,” which characterizes various forms and directions of material stimulation of hired workers that leads to financial profitability. The author discusses a number of methods of financial measurement of the human capital: 1) according to the total production of the new value or the contribution into national wealth; 2) according to the cost of production of the human capital; 3) based on the principle of compensation of the partial damage or the cost of organ transplantation; 4) according to economic decision where people give estimates of their own life. The article makes a conclusion on the insufficient financial support of human capital development in Russia | | Key words: human capital, social capital, intellectual capital, economic imperialism, investment into human capital | |
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