Michael Sandel
Political philosopher at Harvard, born in 1953, whose What Money Can't Buy (2012) argued that markets have spread into areas of life where they corrupt the goods they price.
Michael Sandel did not write this page.
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Their wordsWe live at a time when almost everything can be bought and sold.
↗What Money Can't Buy: The Moral Limits of Markets (Farrar, Straus and Giroux, 2012)archive.org All 7 from this book
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Our reading
The big change of recent decades was not more greed but markets spreading where they don't belong
Their wordsThe most fateful change that unfolded during the past three decades was not an increase in greed. It was the expansion of markets, and of market values, into spheres of life where they don't belong.
↗What Money Can't Buy: The Moral Limits of Markets (Farrar, Straus and Giroux, 2012)archive.org All 7 from this book
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Their wordsPutting a price on the good things in life can corrupt them.
↗What Money Can't Buy: The Moral Limits of Markets (Farrar, Straus and Giroux, 2012)archive.org All 7 from this book
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Their wordsEconomists often assume that markets are inert, that they do not affect the goods they exchange. But this is untrue.
↗What Money Can't Buy: The Moral Limits of Markets (Farrar, Straus and Giroux, 2012)archive.org All 7 from this book
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Their wordsDemocracy does not require perfect equality, but it does require that citizens share in a common life.
↗What Money Can't Buy: The Moral Limits of Markets (Farrar, Straus and Giroux, 2012)archive.org All 7 from this book
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Our reading
Their wordsMarkets leave their mark.
↗What Money Can't Buy: The Moral Limits of Markets (Farrar, Straus and Giroux, 2012)archive.org All 7 from this book
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Their wordsSometimes, market values crowd out nonmarket values worth caring about.
↗What Money Can't Buy: The Moral Limits of Markets (Farrar, Straus and Giroux, 2012)archive.org All 7 from this book