This paper analyzes the main youth employment policy in Argentina: the Youth with More and Better Work program. Based on the paradigm of active employment policies, this program illustrates a new form of management and state regulation regarding the problematic question of employment among the poorer sectors of the population. For our analysis, we begin by exploring the theoretical possibilities opened up by Foucault’s notion of the “device,” and then point out some disarray concerning the logics, the division between "domestic" and "work" areas, and models of person (individual or linked) that this policy seeks to impose in the labor practices and trajectories of young people in low-income sectors. Finally, we note the need to incorporate the notion of "instruments of reproduction" and "social capital" to account for the singular character of the practical logic these young people apply in order to enter into and to be in the world of work.