We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … from workers to capitalists. Further, the overall effect of an increase in education depends on the actual characteristics …

A simple classical-Marxian model of growth and distribution is developed in which education transforms low … who only receive wage income into one in which education and human capital play a major role. We show than an expansion in … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

education. First, the role of education in skill formation is considered and it is shown that an expansion in education will … workers to capitalists. Second, the model is extended analyze the broader political economic consequences of education on … class relations and class conflict. The model suggests the importance of a progressive type of education rather than one …