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Books > Humanities > Philosophy > Topics in philosophy > Social & political philosophy
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The Ethics and Economics of the Capability Approach (Paperback, 1st ed. 2021)
Loot Price: R3,263
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The Ethics and Economics of the Capability Approach (Paperback, 1st ed. 2021)
Series: Hitotsubashi University IER Economic Research Series, 46
Expected to ship within 10 - 15 working days
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This book inquires into the Capability Approach, a value theory of
freedom, which crystalizes the interests of Marx, Welfare
Economics, Social Choice, and Ethics. The capability approach has
attracted many people as a promising interdisciplinary approach to
human well-being and social worlds, finely overarching ethical and
economic concerns. It has well challenged essential characteristics
of welfare economics, which focuses on the criterion of efficiency
with the concept of utility, by explicitly incorporating normative
criteria such as agency, well-being and real freedom into positive
analysis. However, it has a bit operational and methodological
difficulties such that how to estimate an individual capability set
which includes potential multi-dimensional functioning vectors.
This book reminds the reader of what traditional economics has left
behind, by examining historical backgrounds, scrutinizing
philosophical foundations and providing an operational formulation
of the capability approach: indispensable for understanding what
the capability approach is about and what it can achieve.
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