Overview
- This book provides philosophical foundations of the capability approach
- This book provides economic formulation of the capability approach
- This book provides historical perspectives of the capability approach
Part of the book series: Hitotsubashi University IER Economic Research Series (HUIERS, volume 46)
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About this book
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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Keywords
Table of contents (10 chapters)
Authors and Affiliations
About the author
Reiko Gotoh is a Professor at the Institute of Economic Research, Hitotsubashi University, Tokyo, since 2013. She holds a Ph.D. from Hitotsubashi University. Her research field is Philosophy in Economics, Normative Economics, Reconstruction of Welfare States. Her recent English publications are “Securing Basic Well-being for All,” Review of Social Economy, 76, 4 (with N. Yoshihara) “What political liberalism and the welfare state left behind: chance and gratitude”, H-U. Otto et.al. (eds.), Capability Promoting Policies Enhancing individual and social development, Policy Press. Against Injustice: The New Economics of Amartya Sen, Cambridge University Press, 2009 (co-edited). Social Bonds as Freedom, Berghahn Books (co-edited). In addition, she is the author of several Japanese books including The Capability Approach, Iwanami-shoten. Economic Philosophy of Well-being, Minerva Shobo, EconomicPhilosophy of Justice: Rawls and Sen, Toyo-keizai Inc., 2002. Amartya Sen: Economics & Ethics, Jikkyo Shuppan, 2001 (co-authored).
Bibliographic Information
Book Title: The Ethics and Economics of the Capability Approach
Authors: Reiko Gotoh
Series Title: Hitotsubashi University IER Economic Research Series
DOI: https://doi.org/10.1007/978-981-15-5140-6
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: IER Hitotsubashi University 2021
Hardcover ISBN: 978-981-15-5139-0Published: 12 November 2020
Softcover ISBN: 978-981-15-5142-0Published: 12 November 2021
eBook ISBN: 978-981-15-5140-6Published: 11 November 2020
Series ISSN: 0441-0025
Series E-ISSN: 2524-5147
Edition Number: 1
Number of Pages: XVII, 258
Number of Illustrations: 2 b/w illustrations, 27 illustrations in colour
Topics: Social Choice/Welfare Economics/Public Choice/Political Economy, Philosophy of the Social Sciences