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The Global AuctionThe Broken Promises of Education, Jobs, and Incomes$
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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

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The Trap

The Trap

Chapter:
(p.132) Chapter Nine The Trap
Source:
The Global Auction
Author(s):

Phillip Brown

Hugh Lauder

David Ashton

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199731688.003.0024

This chapter looks at the concept of the opportunity trap. It shows that opportunity has previously bonded the individual to society, but is now a source of intense social conflict. The chapter also determines the breaking of the meritocratic link among rewards, education, and jobs that cannot be solved by further investments in human capital.

Keywords:   opportunity, opportunity trap, social conflict, meritocratic link, human capital, investments

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