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Page 1: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

Hosted

by

Dr. William J. Frey

Page 2: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

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Capabilities Stakeholders Technology Markets

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Page 3: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

Row 1, Col 1

This perspective changes our view of developing communities as

deficient and needy to repositoriesof potentialities and resources.

What is the Capabilities Approach?

Page 4: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

1,2

Any group or individual whohas a vital or essential interestat risk or in play that dependson what the corporation does.

What is a stakeholder?

Page 5: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

1,3

According to this technology studyapproach, society determines or

constructs technology.

What is Social Constructionism?

Page 6: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

1,4

Each economic unit makes choice based on rational

(enlightened) self-interest. (Privateownership of goods)

What is the Laissez Fair or Free Market System?

Page 7: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

2,1

Life, Bodily Health, and Bodily Integrity.

What are the three Basic Capabilities identified by Martha Nussbaum?

Page 8: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

2,2

This term refers to the station or position occupied by a particular

stakeholder in the Socio-TechnicalSystem.

What is a stakeholder role?

Page 9: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

2,3

Water, wind, and animals are primarysources power in this stage of

technological development

What is the Eotechnic Stage?

Page 10: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

2,4

Limited government intervention is needed to improve upon the

choice of individual economic units. (Mixture of private and

public ownership)

What is the Liberal Democratic Socialism economic model?

Page 11: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

3,1

This capability focuses on our ability to form social relations

with others

What is the capability of Affiliation?

Page 12: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

3,2

This term used in stakeholder analysis refers to the good, right,

value or preference that is atrisk or in play for an individual

or group stakeholder.

What is a stake or interest?

Page 13: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

3,3

This stage in technology development is characterized by

coal, steel, trains, and automobiles;emphasis is on the mechanical.

What is the Paleotechnic Stage?

Page 14: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

3,4

The state is in the best position to know what choices and policies are beneficial for the economyas a whole and its component parts. (Public ownership of

goods and services)

What is the Communist, Authoritarian Socialism economic model?

Page 15: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

4,1

Children forced to work at an early age miss out on thisfundamental capability.

What is play?

Page 16: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

4,2

Employees, stockholders, customers, suppliers, retailers, wholesalers,

and creditors are this kindof stakeholder.

What are market stakeholders?

Page 17: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

4,3

This stage of technological development is characterized by

electricity and synthetic materials along with nuclear fission.

What is the Neotechnic Stage?

Page 18: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

4,4

Schiller and Akerlof call these animal spirits. These all represent

interferences with the model ofpure rational self-interest or

utility maximizing

What are confidence, fairness, corruption, money illusion, and stories?

Page 19: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

5,1

These “resources” help transformcapabilities into functionings.

What are conversion factors?

Page 20: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

5,2

This kind of stakeholder includes governmentslocal communities, business support groups,

non-government organizations, citizens interest groups, and professional societies.

What are Non-Market Stakeholders?

Page 21: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

5,3

According to this schoolof technology studies, technologyis autonomous and completely

determines society.

What is technological determinisim?

Page 22: Hosted by Dr. William J. Frey 100 200 400 300 400 CapabilitiesStakeholders TechnologyMarkets 300 200 400 200 100 500 100

5,4

Joseph Stiglitz won the NobelPrize in economics for his studies

into this limit of free markets

What are information asymmetries?


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