The Ethics and Economics of the Capability Approach

Specificaties
Gebonden, blz. | Engels
Springer Nature Singapore | e druk, 2020
ISBN13: 9789811551390
Rubricering
Juridisch :
Springer Nature Singapore e druk, 2020 9789811551390
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Samenvatting

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.

Specificaties

ISBN13:9789811551390
Taal:Engels
Bindwijze:gebonden
Uitgever:Springer Nature Singapore

Inhoudsopgave

<p>1 Introduction: Purpose and Summary.- 2&nbsp; Welfare Economics and the Capability Approach.-&nbsp; 3 Specification and Measurement in the Capability Approach.- 4 An Economic Modeling of Individual Capability.- 5 Philosophical Modification of the Economic Modeling of the Capability Approach: Adaptation, Positionality, and Identity.- 6 From Rawls’s Social Contract to Sen’s Social Choice.- 7 Freedom and Death: Why Did She Not Apply for Public Assistance?.- 8 What Political Liberalism and the Welfare State Left Behind: Chance and Gratitud.- 9 The Birth and Growth of Modern Social Choice Theory: From Arrow to Sen.- 10 Final Remarks: Economic Philosophy of Amartya Sen.-&nbsp; Epilogue.- References.- Appendix 1 The Capability Theory and Welfare Reform.- Appendix 2 A class of fair distribution rules `a la Rawls and Sen.- Appendix 3 Securing basic well-being for all.</p>

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        The Ethics and Economics of the Capability Approach