Book contents
- Cognitive Capitalism
- Cognitive Capitalism
- Copyright page
- Contents
- Figures
- Tables
- Preface
- 1 Large Wealth Differences across Time and Nations
- 2 The Wellbeing of Nations
- 3 Human Capital, Cognitive Ability and Intelligence
- 4 International Ability Differences and Their Development
- 5 Why Some Are Richer, Freer and More Democratic
- 6 History, Culture and the Burgher-Civic World
- 7 Why Cognitive Factors Are Important: A Theory of Cognitive Capitalism
- 8 The Impact of Cognitive-Intellectual Classes
- 9 Methodological Research Problems and Solutions
- 10 Causes of National and Historical Differences in Cognitive Ability – and Reciprocal Effects
- 11 Global Models for Education, Cognitive Capital, Production, Wealth and Wellbeing
- 12 Challenges of Future Development and First Predictions
- 13 Models for Cognitive and Wealth Development in the Twenty-First Century
- 14 Summary, Comparisons and Suggestions
- References
- Index
7 - Why Cognitive Factors Are Important: A Theory of Cognitive Capitalism
Published online by Cambridge University Press: 01 February 2018
- Cognitive Capitalism
- Cognitive Capitalism
- Copyright page
- Contents
- Figures
- Tables
- Preface
- 1 Large Wealth Differences across Time and Nations
- 2 The Wellbeing of Nations
- 3 Human Capital, Cognitive Ability and Intelligence
- 4 International Ability Differences and Their Development
- 5 Why Some Are Richer, Freer and More Democratic
- 6 History, Culture and the Burgher-Civic World
- 7 Why Cognitive Factors Are Important: A Theory of Cognitive Capitalism
- 8 The Impact of Cognitive-Intellectual Classes
- 9 Methodological Research Problems and Solutions
- 10 Causes of National and Historical Differences in Cognitive Ability – and Reciprocal Effects
- 11 Global Models for Education, Cognitive Capital, Production, Wealth and Wellbeing
- 12 Challenges of Future Development and First Predictions
- 13 Models for Cognitive and Wealth Development in the Twenty-First Century
- 14 Summary, Comparisons and Suggestions
- References
- Index
Summary
The modern economy is based on the cognitive resources of its labour force from all workers up to a few top developers of new ideas and technology. Cognitive ability drives the functionality of institutions and their development. Individual, aggregated and genuine higher level effects are distinguished.
But if they don’t rouse themselves and learn how to think, the best irrigation systems in the world won’t do them any good. (Bertolt Brecht, Life of Galileo, 1939/2007)- Type
- Chapter
- Information
- Cognitive CapitalismHuman Capital and the Wellbeing of Nations, pp. 188 - 197Publisher: Cambridge University PressPrint publication year: 2018