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What is The Capability Approach and the Economics of Labour Law about?
The implications of the capability approach for the positive and normative analysis of labour law are considered in this chapter. It is argued that the capability approach does not offer a complete theory of labour law and does not, in itself, provide substantive guidance for labour law reform, but that it offers a distinct ontological and methodological perspective which can help to reframe the debate over the economic effects of labour law. In its emphasis on the importance of institutions for creating the conditions for human freedom, and in its advocacy of a range of indicators of human well-being beyond those based on economic growth alone, the capability approach underpins the idea that labour law can play a role in creating the conditions for sustainable development.
- Author
- Simon Deakin
- Publisher
- Oxford University Press
- Published
- 2019
- Language
- EN
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