The Logic of Corporate Accounting Took Over Our Language, and We Hardly Noticed – Mother Jones
▻https://www.motherjones.com/politics/2021/08/the-logic-of-corporate-accounting-took-over-our-language-and-we-hardly-
High on the post–World War II boom, enthusiastic conservative economists like the University of Chicago’s Gary Becker began to think that the logic of corporate accounting could be applied to all facets of human life. In Becker’s influential 1962 study, “Investment in Human Capital: A Theoretical Analysis,” he theorized that the cost of training and educating workers could be measured as the return in profits and wages to employees. He called it a “unified and powerful theory.”