CLASSICAL LIBERALISM AND HUMAN CAPITAL

ACCESS TO EDUCATION AS A CRITERION OF FREEDOM

Abstract

Classical liberalism and human capital are two theories that, although distinct, have the capacity to complement each other significantly, playing a fundamental role in the development of a society, with the premise that individuals should not have their private freedoms neglected, especially the freedom to access education. In this sense, based on a literature review, we propose to contextualize the historical processes of these two theoretical currents and explore their relationship and legitimization in the economic, human, and social development of a country. While classical liberalism establishes the principles and institutions that promote individual freedom and economic prosperity, human capital strengthens technical, cognitive, and intellectual capacities. When combined, these elements can create a solid foundation for human development and the improvement of collective well-being. It is understood that human capital plays a crucial role in the implementation and success of a market economy based on the ideals of classical liberalism, whose core lies in safeguarding Individual Freedom.