Editing Feminist economics (section)

====Human capabilities approach====
{{main|Capabilities approach}}

Economists [[Amartya Sen]] and Philosopher [[Martha Nussbaum]] created the [[capabilities approach|human capabilities approach]] as an alternative way to assess economic success rooted in the ideas of [[welfare economics]] and focused on the individual's potential to do and be what he or she may choose to value.<ref>{{cite book | last1 = Nussbaum | first1 = Martha | last2 = Sen | first2 = Amartya | author-link1 = Martha Nussbaum | author2-link = Amartya Sen | title = The Quality of life | publisher = Clarendon Press Oxford University Press | location=Oxford England New York | year=1993|isbn=9780198287971 }}</ref><ref>{{cite book | last = Alkire | first = Sabina | author-link = Sabina Alkire | title = Valuing freedoms: Sen's capability approach and poverty reduction | publisher = Oxford University Press | location = Oxford New York | year = 2005 | isbn = 9780199283316 }}</ref><ref>{{cite journal|last=Sen|first=Amartya|author-link=Amartya Sen|title=Development as Capability Expansion|journal=Journal of Development Planning|year=1989|volume=19|pages=41–58|url=http://tek.bke.hu/regikorok/sen/docs/development.pdf}}{{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> Unlike traditional economic measures of success, focused on [[GDP]], [[utility]], [[income]], [[asset]]s or other monetary measures, the capabilities approach focuses on what individuals are able to do. This approach emphasizes processes as well as outcomes, and draws attention to cultural, social and material dynamics of well-being. [[Martha Nussbaum]], expanded on the model with a more complete list of central capabilities including life, health, bodily integrity, thought, and more.<ref name="nussbaum">{{cite book | last = Nussbaum | first = Martha|author-link=Martha Nussbaum | title = Creating capabilities: the human development approach | publisher = The Belknap Press of Harvard University Press | location = Cambridge, Massachusetts | year = 2013 | isbn = 9780674072350 }}</ref><ref>{{cite journal|last=Nussbaum|first=Martha|author-link=Martha Nussbaum|title=Capabilities as Fundamental Entitlements: Sen and Social Justice |journal=Feminist Economics|date=January 2003|volume=9|issue=2–3 |pages=33–59 |doi=10.1080/1354570022000077926 |citeseerx=10.1.1.541.3425|s2cid=145798740}}</ref> In recent years, the capabilities approach has influenced the creation of new models including the UN's [[Human Development Index]] (HDI).