Sen and Nussbaum on Human Capabilities in Business

In recent years there have been several important critical investigations aimed at overcoming the flaws in economics and business. With regard to economics, different approaches and criticisms have shown that cognitive, ethical, and social limits are always present when agents (and thus economic agents too) make a choice.1 These considerations also tie in with a sharp criticism of the standard notion of rationality and the idea of homo oeconomicus, as they are understood in mainstream economic theory. With regard to business, as well, many inquiries that were focused on the analysis of decision-making within organizations have shown that individual and collective choices are limited or enhanced by ethical, cognitive, and social elements that play a fundamental role in a company’s organization and activity