![]() ![]() It conveniently excuses the ways in which such growth generates, and is often based upon, novel forms of poverty and oppression for workers. This way of thinking places capitalist firms, managers, and the states that back them at the helm of the human development project. ![]() Given that under capitalism, economic growth is for the most part rooted in capital accumulation, “growth-first” notions of development are essentially capital-first notions. ![]() It holds that economic growth provides the basis for human development. There is a predominant notion of development trumpeted by international institutions, many academics and journalists, and politicians of most stripes. In 2010, Time magazine rated Sen as one of the world’s one hundred most influential people. He received the Nobel Prize for Economic Science in 1998. Since the 1970s, he has published widely across the disciplines of economics and philosophy. But Sen’s own analytical framework doesn’t go far enough in exposing the inherently exploitative logic of capitalism.Īmartya Sen is one of the most influential thinkers about development in the contemporary world. ![]() Indian economist Amartya Sen has posed a devastating challenge to the dominant capitalist understanding of development. ![]()
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