The article analyses the discourses underpinning formal vocational education and training (VET). More specifically, it presents three accounts of European VET with the twofold aim of reviewing them and of recommending a conceptual shift that leads to further theoretical discussion. The discussion is organised around the existence of three seemingly contradictory accounts in the management of VET--one centred in economic growth; one concerned about the experiences of students and professionals; and one that focuses on the social implications of those involved in VET. The article concludes that while there has been a degree of convergence between the three, social justice issues remain unresolved due to the eagerness to pursue measurable results, while neglecting individual heterogeneity as part of a rich society. Building on some core concepts of the capability approach developed by Amartya Sen, the article takes a step beyond the language of outcomes and reframes VET foundations through the lens of human development. (Contains 2 notes.)