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Loading... What Money Can't Buy: The Moral Limits of Marketsby Michael J. Sandel
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Sign up for LibraryThing to find out whether you'll like this book. No current Talk conversations about this book. Some very insightful thinking here; it really opened my eyes. This stuff needs to come out into the political debate and be addressed before we are at a point where there really is nothing left that can't be bought. ( ) A surprisingly accessible and engaging read--which is quite a feat when you consider a work combining economics and philosophy. Sandel depicts the problem as more than just commodification that favours the rich. The subtler effect of inserting economic optimization into relationships between people and communities, what Sandel calls corruption, distorts the ability to even frame moral agency. For example, a supply and demand approach of virtue (i.e. don't exhaust your compassion) fundamentally changes the understanding of the good as a practice rather than a resource. The marketizing presupposes the very concept of "ought" to be transactional, thereby paving the way for any one of Sandel's eye-opening case studies from bribing childhood reading to short selling the life spans of strangers. I have the same issue with this book that many other reviewers had: it presents many examples of how money and commercialization can impact things from sports to education, yet is painfully slim on what we're actually supposed to do about it. This book is good for sparking thought and discussion but doesn't do much more than that. I don't care about baseball and maybe that's the crucial link that this book requires to make any sense. The author repeatedly and I mean on almost every page assumes people share his personal judgments on value of things. He finally admits that in the end of the book and goes back on his condemnations and advocates a less extreme position of taking into account effects of existence of markets on human behaviour. This is a fairly well accepted if not tackled problem.
What Money Can’t Buy has an easy charm about it, but it also has structural defects which do not, I think, come from its American focus and do not depend on how many of Sandel’s pet hates you share. It is an exercise in persuasive pamphleteering rather than a systematic exploration. The irony is that I think Sandel would have written a more powerful book had he not tried to argue the case on free-market economists' own dry, dispassionate terms. It is, as he rightly points out, the language in which most modern political debate is conducted: "Between those who favour unfettered markets and those who maintain that market choices are free only when they're made on a level playing field." But it feels as if by engaging on their terms, he's forcing himself to make an argument with one hand tied behind his back. Only in the final chapter does he throw caution to the wind, and make the case in the language of poetry.
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? No library descriptions found. |
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Google Books — Loading... GenresMelvil Decimal System (DDC)174Philosophy and Psychology Ethics Professional and Business EthicsLC ClassificationRatingAverage:
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