Existential logic within the economic paradigm of capabilities ethics

Abstract

This paper aims at demonstrating that the explication of the existential ethics of capabilities is necessary in order to enhance the quality life of people living in contemporary contexts. In fact, the latter have been characterized by the failure of market economy, thus requiring new economic policies that are not only efficient, but also efficacious. Social and economic development is possible only as the result of insights into human nature and knowledge—the latter, meant as the result of experience and education.
This point of view takes also in account the factors involved into the convertibility of resources in different contexts.