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The Foundational Decade to Amartya Sen’s Capability Approach (1970-1980)

Valentina Erasmo ()

Rivista di storia economica, 2019, issue 3, 295-326

Abstract: Between 1970 and 1980, due to economization process of extra economic field of human existence and an exclusively economic understanding of rationality, Sen realized a reversal compared to this tendency, thanks to the critical exchange with his contemporaries, as Arrow, Rawls and Harsanyi, about assumptions concerning individual preferences/collective choices, inequalities, rationality and social welfare functions. Here, I have considered this period as the foundational decade to capability approach: this analysis is fundamental not only for showing the intellectual origin of this approach, but also for avoiding dangerous trivializations which hinders a proper understanding of it.

Keywords: capability approach; individual preferences/collective choices; inequality; rationality; social welfare functions (search for similar items in EconPapers)
Date: 2019
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