Commodities and Capabilities
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Commodities and Capabilities
Book Details
• Publisher: Oxford University Press
• Language: English
• Published Year: 2000
• Pages: 84
• Dimensions: 22 x 14 cm
• ISBN: 019565038-7
• Book Condition: Used – Good
• Condition Note: Book is in good condition without any kind of damage
• Availability: In Stock
About the Book
Commodities and Capabilities by Nobel laureate Amartya Sen presents a revolutionary approach to evaluating human well-being and development. In this influential work, Sen challenges traditional economic theories that focus solely on commodities and income as measures of welfare. Instead, he introduces the concept of "capabilities," emphasizing the importance of what individuals can actually do and be, rather than just what they own.
The book argues that the true value of commodities lies not in their material worth but in their ability to enhance an individual’s capabilities—such as health, education, freedom, and social participation. Sen explores how the availability of resources and opportunities directly impacts an individual’s ability to live a fulfilling life, and how the concept of capabilities can provide a more comprehensive measure of well-being.
Through this framework, Sen redefines human development and welfare economics, offering profound insights into policy-making, social justice, and the role of economics in promoting human flourishing.
Commodities and Capabilities is an essential read for students and scholars of economics, philosophy, and social sciences, offering valuable insights into human development, economic justice, and the well-being of societies.
Book Details
• Publisher: Oxford University Press
• Language: English
• Published Year: 2000
• Pages: 84
• Dimensions: 22 x 14 cm
• ISBN: 019565038-7
• Book Condition: Used – Good
• Condition Note: Book is in good condition without any kind of damage
• Availability: In Stock
About the Book
Commodities and Capabilities by Nobel laureate Amartya Sen presents a revolutionary approach to evaluating human well-being and development. In this influential work, Sen challenges traditional economic theories that focus solely on commodities and income as measures of welfare. Instead, he introduces the concept of "capabilities," emphasizing the importance of what individuals can actually do and be, rather than just what they own.
The book argues that the true value of commodities lies not in their material worth but in their ability to enhance an individual’s capabilities—such as health, education, freedom, and social participation. Sen explores how the availability of resources and opportunities directly impacts an individual’s ability to live a fulfilling life, and how the concept of capabilities can provide a more comprehensive measure of well-being.
Through this framework, Sen redefines human development and welfare economics, offering profound insights into policy-making, social justice, and the role of economics in promoting human flourishing.
Commodities and Capabilities is an essential read for students and scholars of economics, philosophy, and social sciences, offering valuable insights into human development, economic justice, and the well-being of societies.
