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Paperback What Money Can't Buy: The Moral Limits of Markets Book

ISBN: 0374533652

ISBN13: 9780374533656

What Money Can't Buy: The Moral Limits of Markets

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Book Overview

A renowned political philosopher rethinks the role that markets and money should play in our society

Should we pay children to read books or to get good grades? Should we put a price on human life to decide how much pollution to allow? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to immigrants willing to pay?
In his New York Times bestseller What Money Can't Buy, Michael J. Sandel takes up one of the biggest ethical questions of our time: Isn't there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets?
In recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society.
In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes a debate that's been missing in our market-driven age: 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?

Customer Reviews

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Pushing back against the “Morality” of the Market

I was a reluctant initial reader. The framework of “markets” and “incentives” explains so much about human behavior, and the language of markets pervades our discourse. So I thought Sandel was probably tilting at windmills, like a modern day Don Quixote. But Sandel thoughtfully (and persuasively) pulls the threads at the edges of the contemporary “market” mindset: if market economics are so powerful, if “everything has a price,” then why do we not buy and sell human beings, legalize prostitution, or even let potential jurors pay someone else to take their spots on the jury? Sandel does not spoon feed us simplistic answers. And his humility is refreshing in this age of absolutist thinking. He then turns to the corrosive effect that market-based discourse has wrought on our democracy. He suggests a few ways of engaging in a discourse that brings values and moral judgment back into the dialogue. Definitely a read that will get you thinking, especially the next time you hear a politician or journalist or policy wonk use the term, “incentivize.”
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