Cambridge Journal of Economics Advance Access originally published online on April 13, 2006
Cambridge Journal of Economics 2006 30(5):671-685; doi:10.1093/cje/bel012
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Capabilities as causal powers
* Portuguese Catholic University
Address for correspondence: Portuguese Catholic University, Faculty of Economics and Management, Rua Diogo Botelho, 132741690-005 Porto, Portugal; email: nmartins{at}porto.ucp.pt
Abstract
The author argues that Sen's capability approach is primarily a philosophical under-labouring exercise aimed at elaborating certain central economic categories, and that the philosophical and methodological underpinnings of Sen's approach are radically different from those of contemporary welfare economics and mainstream economic practice. Sen's notion of capabilities as the potential functionings to achieve well-being is interpreted here as a specification of the ontological category of causal power, presupposing an open system conception of reality that contrasts with much of contemporary economic practice.
Key Words: Capabilities Powers Structures Ontology
JEL classification: B41, D63, I31, Z13
Manuscript received October 17, 2004; final version received December 16, 2005.
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