Education and Inequality:

Bowles & Gintis’ Schooling in Capitalist America and Pikettys Capital and Ideology, so far so close

Authors

DOI:

https://doi.org/10.25071/1874-6322.40631

Keywords:

Capitalism, Education, Economic Inequality, Human Capital, Piketty, Bowles and Gintis

Abstract

This paper compares Thomas Piketty’s Capital and Ideology and Bowles and Gintis’ Schooling in Capitalist America, examining their views on the role of education in perpetuating economic inequality. Despite irreconcilable theoretical foundations, both works converge on a critical conclusion: education intensifies rather than mitigates inequality, particularly through intergenerational wealth  transmission and hypocritical meritocracy. With regards to intergenerational inequality, we discuss its connection with the change in the voting pattern observed by Piketty in Western social-democratic nations, where left-of-centre parties have become less interested  in the most disadvantaged classes over the past several decades. The paper also identifies key limitations shared by the framework of  both books, including an inadequate analysis of fiscal austerity and demographic change as drivers of educational inequality. Finally,  both works advocate socialist solutions-participatory socialism (for Piketty) and revolutionary change (for Bowles and Gintis)–to  dismantle power imbalances that generate inequality.

References

Acemoglu, D. (2002). Technical change, inequality, and the labor market. Journal of Economic Literature, 40(1), 7–72.

Apple, M. W. (1980). The other side of the hidden curriculum: Correspondence theories and the labor process. Journal of Education, 162(1), 47–66.

Baccaro, L., and D'Antoni, M. (2024). Tying your hands and getting stuck? The European origins of Italy’s economic stagnation. Review of Political Economy, 36(3), 1104–1129.

Becker, G. S. (1993), Human Capital – A Theoretical and Empirical Analysis, with Special Reference to Education, 3rd ed. Chicago: University of Chicago Press.

Bloom, D. E., Canning, D., and Fink, G. (2010). Implications of population ageing for economic growth. Oxford Review of Economic Policy, 26(4), 583–612.

Bowen, W. G., Kurzweil, M. A., Tobin, E. M., and Pichler, S. C. (2005). Equity and excellence in American higher education. Charlottesville and London: University of Virginia Press.

Bowles, S., & Gintis, H. [1976] (2011). Schooling in Capitalist America. Educational Reform and the contradictions of Economic Life. Chicago: Haymarket Books.

Bowles, S., & Gintis, H. (2002). Schooling in capitalist America revisited. Sociology of Education, 75(1), 1–18.

Brown, P. (2003). The opportunity trap: Education and employment in a global economy. European Educational Research Journal, 2(1), 141–179.

Brown, P., Lauder, H., and Ashton, D. (2010). The Global Auction: The Broken Promises of education, jobs, and incomes. New York: Oxford University Press.

Bryson, A., Corsini, L., and Martelli, I. (2022). Teacher allocation and school performance in Italy. Labour, 36(4), 409–423.

Campbell, D. (2015). The fetishism of divergence: A critique of Piketty. Journal of Corporate Law Studies, 15(1), 183–216.

Chancel, L., Piketty, T., Saez, E., Zucman, G. et al. World Inequality Report 2022, World Inequality Lab.

Chetty, R., Grusky, D., Hell, M., Hendren, N., Manduca, R., and Narang, J. (2017). The fading American dream: Trends in absolute income mobility since 1940. Science, 356(6336), 398–406.

Chetty, R., Hendren, N., Kline, P., Saez, E., and Turner, N. (2014). Is the United States still a land of opportunity? Recent trends in intergenerational mobility. American Economic Review, 104 (5), 141–147.

Clotfelter, C., Glennie, E., Ladd, H., and Vigdor, J. (2008). Would higher salaries keep teachers in high-poverty schools? Evidence from a policy intervention in North Carolina. Journal of Public Economics, 92(5-6), 1352–1370.

Davis, J. M., and Mazumder, B. (2024). The decline in intergenerational mobility after 1980. Review of Economics and Statistics, 106, 1–47.

Esping-Andersen, G. (1990). The Three Worlds of Welfare Capitalism. Princeton: Princeton University Press.

Eurostat (2024, September). Statistics Explained. Educational expenditure statistics. ec.europa.eu/eurostat/statistics-explained/index.php?title=Educational_expenditure_statistics

Eurostat (2025, March 21). Statistics Explained. Government Expenditure on Education. https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Government_expenditure_on_education

Fessler, P., and Schürz, M. (2018). Private wealth across European countries: the role of income, inheritance and the welfare state. Journal of Human Development and Capabilities, 19(4), 521–549.

Freeman, R. B., and Medoff, J. L. (1984). What do Unions do? New York: Basic Books.

Fuchs, C. (2014). Thomas Piketty’s Book “Capital in the Twenty-First Century”, Karl Marx and the Political Economy of the Internet. tripleC: Communication, Capitalism & Critique. Journal for a Global Sustainable Information Society, 12(1), 413–430.

Gethin, A., Martínez-Toledano, C., and Piketty, T. (Eds.). (2021). Political Cleavages and Social Inequalities: A Study of Fifty Democracies, 1948–2020. Cambridge, MA: Harvard University Press.

Gethin, A., Martínez-Toledano, C., and Piketty, T. (2022). Brahmin left versus merchant right: Changing political cleavages in 21 western democracies, 1948–2020. Quarterly Journal of Economics, 137(1), 1–48.

Giroux, H. A. (1980). Beyond the correspondence theory: Notes on the dynamics of educational reproduction and transformation. Curriculum Inquiry, 10(3), 225–247.

Guarascio, D., Heimberger, P., and Zezza, F. (2025). The Euro Area’s Achilles Heel: Reassessing Italy’s Long Decline in the context of European integration and globalization. Italian Economic Journal.

Hanushek, E. A., and Woessmann, L. (2008). The role of cognitive skills in economic development. Journal of Economic Literature, 46(3), 607–668.

Hanushek, E. A., and Woessmann, L. (2023). The Knowledge Capital of Nations: Education and the Economics of Growth. Cambridge, MA: MIT Press.

Harvard University (2025, May 15). Office of Institutional Research & Analytics. Factbook: Endowment. oira.harvard.edu/factbook/fact-book-endowment/.

Horn, K. M. (2015). Can improvements in schools spur neighborhood revitalization? Evidence from building investments. Regional Science and Urban Economics, 52, 108–118.

Hsu, S. L. (2016). Inefficient Inequality. Indiana Journal of Law and Social Equality, 5(1): 1–46

Jang, E. (2024). When education is positional: higher education expansion, welfare regimes and income inequality. Journal of Social Policy, 53, 1–22.

Kates, S., Manning, E., Mendelberg, T., and Wasow, O. (2025). Plutopopulism: Wealth and Trump’s Financial Base. American Political Science Review, 119, 1–18.

Kopczuk, W., Slemrod, J., and Yitzhaki, S. (2005). The limitations of decentralized world redistribution: An optimal taxation approach. European Economic Review, 49(4), 1051–1079.

Lazear, E. P. (2000). The power of incentives. American Economic Review, 90(2), 410–414.

Leoni, S. (2025). A historical review of the role of education: From human capital to human capabilities. Review of Political Economy, 37(1), 227–244.

Loury, G. C. (1981). Intergenerational transfers and the distribution of earnings. Econometrica, 49(4), 843–867.

Marx, K. [1867] (1906). Capital: A Critique of Political Economy, S. Moore & E. Aveling, Trans. New York: Modern Library.

Mathur, S. (2017). The Myth of “Free” Public Education: Impact of School Quality on House Prices in the Fremont Unified School District, California. Journal of Planning Education and Research, 37(2), 176–194.

Mazzucato, M. (2013). The Entrepreneurial State: Debunking Public vs. Private Sector Myths. Penguin UK.

Mazzucato, M. (2021). Mission Economy: A Moonshot Guide to Changing Capitalism. Penguin UK.

Murphy, K. M., Shleifer, A., and Vishny, R. W. (1991). The allocation of talent: Implications for growth. Quarterly Journal of Economics, 106(2), 503–530.

National Center for Education Statistics. (2024, May 30). Price of Attending an Undergraduate Institution. Condition of Education. U.S. Department of Education, Institute of Education Sciences. nces.ed.gov/programs/coe/indicator/cua

OECD (2021a), Education at a Glance 2021: OECD Indicators. Paris: OECD. doi.org/10.1787/b35a14e5-en.

OECD (2021b). Inheritance Taxation in OECD Countries, OECD Tax Policy Studies, No. 28, Paris: OECD. doi.org/10.1787/e2879a7d-en.

OECD (2022). Education at a Glance 2022: OECD Indicators. Paris: OECD. doi.org/10.1787/3197152b-en.

Paglayan, A. (2024). Raised to Obey: The Rise and Spread of Mass Education. Princeton: Princeton University Press.

Perrotta, C., Rizzello, S., and Sunna, C. (2023). Human Capital: The Driving Force for Economic Development. Cham: Parlgrave Macmillan.

Pethoukis, J. (2014, March 24). The new Marxism. National Review Online. www.nationalreview.com/article/374009/new-marxism-james-pethokoukis

Piketty, T. (2014). Capital in the Twenty-First Century. Cambridge, MA: Harvard University Press.

Piketty, T. (2020). Capital and Ideology. Cambridge, MA: Harvard University Press.

Piketty, T. (2021). Time for Socialism: Dispatches from a World on Fire, 2016-2021. New Haven: Yale University Press.

Piketty, T. (2024). Vers le socialisme écologique. Chroniques 2020-2024. Paris: Seuil.

Piketty, T., Saez, E., and Zucman, G. (2018). Distributional national accounts: methods and estimates for the United States. Quarterly Journal of Economics, 133(2), 553–609.

Pressman, S. (2023). Review of Time for Socialism. Review of Political Economy, 35(3), 905–908.

Psacharopoulos, G., and Patrinos, H. A. (2018). Returns to investment in education: a decennial review of the global literature. Education Economics, 26(5), 445–458.

Shuchman, D. (2014, April 21). Thomas Piketty revives Marx for the 21st century. The Wall Street Journal: online.wsj.com/news/articles/SB10001424052702303825604579515452952131592

Spence, M. (1973). Job Market Signaling. Quarterly Journal of Economics,87(3), 355–374.

Tarlau, R. (2016). If the past devours the future, why study? Piketty, social movements, and future directions for education. British Journal of Sociology of Education, 37(6), 861–872.

Therborn, G. (2021). Inequality and world-political landscapes. New Left Review, (129), 5–26.

Tyack, D., and Cuban, L. (1995). Tinkering toward Utopia: A Century of Public School Reform. Cambridge, MA: Harvard University Press.

Vacas-Soriano, C., Fernández-Macías, E., and Muñoz de Bustillo, R. (2020). Recent trends in wage inequality from an EU perspective: a tale of two convergences. Empirica, 47(3), 523–542.

Western, B., and Rosenfeld, J. (2011). Unions, norms, and the rise in US wage inequality. American Sociological Review, 76(4), 513–537.

Published

2025-10-25

How to Cite

Leoni, S., & Gentili, A. (2025). Education and Inequality: : Bowles & Gintis’ Schooling in Capitalist America and Pikettys Capital and Ideology, so far so close. Journal of Income Distribution®. https://doi.org/10.25071/1874-6322.40631

Issue

Section

Special Issue

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.