The creation of social opportunities makes a direct contribution to the expansion of human capabilities and the quality of life. Expansion of health care, education, social security, etc., contribute directly to the quality of life and to its flourishing. Read more…
In terms of welfare, the human capabilities approach was developed as a means of measuring the opportunities open to an individual and through that, the welfare of a society. Two of the major authors in the capabilities approach are Amartya Sen and Martha Nussbaum. Popular metrics which gets conflated with the status of a nation’s welfare is that of Gross National Product (GNP) or Gross Domestic Product (GDP). Read more…