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The Moral Limits of Markets
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Sandel argues that we have drifted from having a market economy to being a market society and examines one of the biggest ethical questions of our time: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot
… More »Sandel argues that we have drifted from having a market economy to being a market society and examines one of the biggest ethical questions of our time: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?
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Imprint:
New York - Farrar, Straus and Giroux
Pages:
244
Edition:
1st ed
ISBN:
9780374203030, 0374203032
Language:
English
Notes:
Includes bibliographical references and index
Introduction : markets and morals. Market triumphalism ; Everything for sale ; The role of markets ; Our rancorous politics -- 1. Jumping the queue. Airports, amusement parks, car pool lanes ; Hired line standers ; Ticket scalpers ; Concierge doctors ; Markets versus queues ; Yosemite campsites ; Papal masses ; Springsteen concerts -- 2. Incentives. Cash for sterilization ; The economic approach to life ; Paying kids for good grades ; Bribes to lose weight ; Selling the right to immigrate ; A market in refugees ; Speeding tickets and subway cheats ; Tradable procreation permits ; Tradable pollution permits ; Carbon offsets ; Paying to kill an endangered rhino ; Ethics and economics -- 3. How markets crowd out morals. Hired friends ; Bought apologies and wedding toasts ; The case against gifts ; Auctioning college admission ; Coercion and corruption ; Nuclear waste sites ; Donation days and day-care pickups ; Blood for sale ; Economizing love -- 4. Markets in life and death. Janitors insurance ; Betting on death ; Internet death pools ; Insurance versus gambling ; The terrorism futures market ; The lives of strangers ; Death bonds -- 5. Naming rights. Autographs for sale ; Corporate-sponsored home runs ; Luxury skyboxes ; Moneyball ; Bathroom advertising ; Ads in books ; Body billboards ; Branding the public square ; Branded lifeguards and nature trails ; Police cars and fire hydrants ; Commercials in the classroom ; Ads in jails ; The skyboxification of everyday life
Introduction : markets and morals. Market triumphalism ; Everything for sale ; The role of markets ; Our rancorous politics -- 1. Jumping the queue. Airports, amusement parks, car pool lanes ; Hired line standers ; Ticket scalpers ; Concierge doctors ; Markets versus queues ; Yosemite campsites ; Papal masses ; Springsteen concerts -- 2. Incentives. Cash for sterilization ; The economic approach to life ; Paying kids for good grades ; Bribes to lose weight ; Selling the right to immigrate ; A market in refugees ; Speeding tickets and subway cheats ; Tradable procreation permits ; Tradable pollution permits ; Carbon offsets ; Paying to kill an endangered rhino ; Ethics and economics -- 3. How markets crowd out morals. Hired friends ; Bought apologies and wedding toasts ; The case against gifts ; Auctioning college admission ; Coercion and corruption ; Nuclear waste sites ; Donation days and day-care pickups ; Blood for sale ; Economizing love -- 4. Markets in life and death. Janitors insurance ; Betting on death ; Internet death pools ; Insurance versus gambling ; The terrorism futures market ; The lives of strangers ; Death bonds -- 5. Naming rights. Autographs for sale ; Corporate-sponsored home runs ; Luxury skyboxes ; Moneyball ; Bathroom advertising ; Ads in books ; Body billboards ; Branding the public square ; Branded lifeguards and nature trails ; Police cars and fire hydrants ; Commercials in the classroom ; Ads in jails ; The skyboxification of everyday life
Statement of responsibility:
Michael J. Sandel
Characteristics:
viii, 244 p. ;,24 cm
Author (Original Script):
Sandel, Michael J.
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Add a CommentLots of creepy stories throughout the book. For example, the company claims it can't afford to give you a raise but it can afford to take out a life insurance policy on you without even telling you. Not only that when you die the company gets paid out because of all the time/money they spent 'training' you and how thats going to impact their bottom line.... Well worth the read....
An accessible, thought-provoking application of philosophy to aspects of our daily lives that we may accept uncritically. It's not a screed against capitalism, rather, it's a logically measured approach to questions about the role of values in markets.