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

Michael J. Sandel

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

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

  • Title: What Money Can't Buy: The Moral Limits of Markets
  • Author: Michael J. Sandel
  • ISBN: 9780374203030
  • Page: 240
  • Format: Hardcover

Should we pay children to read books or to get good grades Should we allow corporations to pay for the right to pollute the atmosphere Is it ethical to pay people to test risky new drugs or to donate their organs What about hiring mercenaries to fight our wars Auctioning admission to elite universities Selling citizenship to immigrants willing to pay In What Money CanShould we pay children to read books or to get good grades Should we allow corporations to pay for the right to pollute the atmosphere Is it ethical to pay people to test risky new drugs or to donate their organs What about hiring mercenaries to fight our wars Auctioning admission to elite universities Selling citizenship to immigrants willing to pay In What Money Can t Buy, Michael J Sandel takes on one of the biggest ethical questions of our time Is 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 medicine, education, government, law, art, sports, even family life and personal relations Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society Is this where we want to be In his New York Times bestseller Justice, 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 an essential discussion that we, in our market driven age, need to have What is the proper role of markets in a democratic society and how can we protect the moral and civic goods that markets don t honor and that money can t buy

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

Sandel is worried about the lack of moral limits of markets and posits that the time has come to hold a debate, as a society, that would enable us to decide, again as a society, where ‘markets serve the public good and where they don’t belong’. This to address the precipitous decline in moral values and the ensuing corruption when having a market economy morphs into ‘being’ a market economy.Objection. Since when, pray tell, have moral values been determined democratically in any societ [...]

I praise Michael Sandel for pillorying markets when they traffic in morally objectionable goods and services. But economists have admitted the amorality of markets. Markets do the best job of allocating scarcity but make no claim as to the worthiness of the good or service allocated to begin with. And so, yes, markets need limits, but this does not diminish the appropriateness of using a market based approach for morally neutral or beneficial goods and services. Sandel spends too much of the boo [...]

Not to brag or anything (or maybe just to brag a little), but I actually knew of Michael Sandel's scholarship way before he wrote Justice, a book I didn't even read, but which achieved international acclaim and thus gave Sandel that coveted status of Superstar Public Intellectual. My introduction to Sandel's work was Democracy's Discontent. I did read the excerpt of What Money Can't Buy in the The Atlantic and enjoyed it. But I don't know that Dr. Sandel needed an entire book to make his argumen [...]

Michael Sandel is Professor of Government at Harvard University, the teacher of the acclaimed course on Justice that has been expanded into a public online course and that formed the basis for Sandel’s critically praised book by the same title. In this present book, Sandel examines the intrusion of market thinking into more and more aspects of contemporary life. “Today, almost everything is up for sale.” Increasingly, we allow market values to govern more and more parts of our lives. The c [...]

Humanos Demitidos Precisa duns euros extra?Que tal rapar a cabeça e rabiscá-la com gatafunhos de publicidade?Ou comprar um seguro de vida a alguém já bem entrado e de preferência doente para acelerar a indemnização por morte do segurado!Outra hipótese será servir como cobaia humana em testes de segurança de medicamentos para empresas farmacêuticasPretende gerar mais um filho e dava-lhe jeito uma barriga de aluguer para o efeito?Não tem problema! Na Índia há montes delas quase ao pr [...]

It is an easy reading book about the continuous progressive encroachment of free market mechanisms of putting a price on everything, into ethical values and into the common patrimony of society. The author is showing by examples how in the last decades in the global capitalist world, little by little, everything has become for buying or sale: surrogate mothers, human organs and blood, politicians, children, the right to pollute, honor, integrity, power and even the manipulation of collective con [...]

Το βιβλίο μου είχε κινήσει την προσοχή από την στιγμή που κυκλοφόρησε στα ελληνικά από τις εκδόσεις Πόλις, αλλά τελικά δεν έτυχε να το αγοράσω τότε που έσκασε μύτη στα βιβλιοπωλεία - ακόμα και με την σούπερ έκπτωση της Πρωτοπορίας. Τελικά το τσίμπησα πριν δυο μέρες, χωρίς να [...]

Sandel here gets all the big things right--and a shockingly large number of the little things wrong.His main thesis is absolutely correct: the introduction of money and markets can fundamentally change the character or nature of a particular transaction. Sandel is correct that society often does not fully appreciate this basic fact--which causes us to use monetary incentives in ways that can be more detrimental than beneficial.Most of the time, but not all of the time. Sandel states that he's ju [...]

Sandel's modest proposal is that there are some things in the world that cannot (by definition) be bought and some things that no one should be able to be sell and buy for other reasons. He does a pretty good job at it, it's easy to follow and full of examples. It's not written as a text book but for the everyday reader. My only gripe with this book is that the premise seems so obvious to me, that there wasn't much new to be learnt. However, I found some of his arguments useful. Personally I'm m [...]

256 pages ? I feel like 500 pages. This book has many many many examples of how Market Thinking creeps into our society. Human always use cost/benefit analysis for all kind of things, but often without comprehension of the big picture and consequences. There are many public goods and human endeavors should not be taken lightly and empathy is something not to be messed with. The often heard mantra “Money cannot solve everything” rings true and clear when the author examines what was and is ha [...]

Cuốn này của Michael J. Sandel dễ đọc hơn cuốn "Phải trái đúng sai" đã xuất bản trước đây. Có lẽ vì chủ đề hẹp hơn. Tác giả đặt ra câu hỏi: có nên áp dụng thị trường tự do vào một số hoạt động (đang được tranh cãi) trong cuộc sống.Để trả lời câu hỏi đó, ông đặt ra hai câu hỏi nhỏ liên quan đến luận điểm ủng hộ thị trường tự do của các nhà kinh tế học:1) Thị trườ [...]

sepehrdad/1393/07/23/%1- این روزها همه چیز خرید و فروش می‌شود. جای پارک ماشین‌ها کنار خیابان‌ها، حق عبور و مرور خودروها در خیابان‌های تهران(برچسب ترافیک)، اجازه‌ی تحصیل در دانشگاه‌های شریف و تهران و امیرکبیر، تبلیغات در متروها (حتا سر به زیر ترین آدم‌ها هم از تبلیغات مترو رهایی ندار [...]

The problem with this book is, when you put it down, you walk around looking at the world saying, "Why the hell is THAT considered a marketable part of life?!" "And THAT! What the heck is going on here? It all just snuck up on us and we lost." Seriously, this is a very interesting read that is a real eye-opener. The skyboxification of America, separating EVERYTHING via the lens of "what would somebody pay for THIS," and what can money NOT buy -- rather, SHOULD not be able to buy -- are substanti [...]

What a beautiful little book. As a child I used to wonder why does only life insurance companies used to have agents specifically, and why there was always a hint of distance and discomfort from those people.Although the book is US specific in certain topics, it remains fluid to read, covering a broad range of topics and poses interesting question on our notion of what we think is sacrosanct in life.The chapter on gifts is quite relieving - I always found giving cash very distasteful - it's good [...]

This is one of the most important books that has come out in the last few years. It is about how the norms that accompany a free market approach are inappropriate to many spheres of life, such as public service, access to government officials, and the distribution of government resources. I focus on government, because I write about government ethics. But Sandel looks at other spheres of life, as well.The ideas Sandel expresses here are anathema to libertarians, who consistently apply a free mar [...]

Five stars for the topic and bringing it to the attention of the public. The topic of how far reaching we as a society want markets to be is a highly important one and it is had much too little, actually not at all I would say. Markets have become the myths of our time, they never fail and are always right and because of that they should have a broader reach. That is the typical argument but is that really the case? Do we want as a society be fully market driven? Where the book could have been b [...]

Robert Fulford's year-end musing in The National Post, "2012, the year when money somehow became unpopular" contains a predictably jaundiced view of two recent scholarly works about contemporary capitalism, What Money Can't Buy: The Moral Limits of Markets by Harvard Political Theorist Michael J. Sandel, and How Much is Enough? Money and the Good Life, by Robert and Edward Skidelsky. (Since I have not read the latter work, I shall not comment upon it.)But I have read Sandel's book and have found [...]

Money itself is an allusion. And this book pokes at the growing assumption that everything these days has a price. Sandel argues effectively the futility of assigning a value to tricky moral issues and the corrupting nature of money on the things a value has been slapped on.Here's the deal. The market mindset shouldn't be applied to all things in our life. Why do we like putting a value on things? Well, it's neat and tidy. It absolves people of true responsibility for their actions. The downside [...]

I haven't yet read Justice, but after reading this I certainly will. This book helped me spotlight an uncomfortable internal tug-of-war that's been going on inside my head for most of my career -where is the line? As a marketer for most of my career, I have aggressively pursued every possible angle to get closer and closer to my target audience and push them to a desired action. As a startup manager in the day, nothing was beyond redesign and everything had a business model. But there was a nagg [...]

My own initial worries were that an Ivy League professor would write an argument that requires some sort of familiarity with the vagaries of economic theory. But Sandel doesn't. He explains both the econ and the moral theory that represent the book’s central conflict/discussion in incredibly accessible terms, a prose style that seems to me entirely suitable for the target audience. There's very little disciplinary name-dropping or theoretical digression, and the presentation calls to mind an i [...]

Anyone who is dismayed to see the unprecedented reach of advertising, corporate naming rights of public venues, and monetary payments for behavior formerly expected without incentives--like getting good grades or standing in line--will be glad to see an examination of how far markets should be allowed to penetrate our society. And those who haven't noticed these things can use the book to catch up.Sandel, a Harvard professor of government, doesn't strive to make a particular case, however. In th [...]

Sandel has a gift for detecting the moral components of our daily lives, and communicating them accessibly. In this book, he shows with clarity that market thinking has the effect of crowding out moral considerations, and that we as a society need to think carefully about when and where markets are appropriate. In doing so he attacks a central tenet of modern economics, the idea that markets do not change goods, but I think he do so convincingly. The examples he pulls from real life to illustrat [...]

برای ما که از غول های بزرگ سرمایه داری مثل آمریکا فاصله داریم کتاب بسیار جالبی است. ولی ای کاش نویسنده در انتها به تحلیل کلی این فاجعه از دیدگاه جامعه شناختی و روان شناختی می پرداخت

I find it incredibly refreshing to find any writer who sees through the tempting veneer secularism has laid not just on our politics but on our lives. It's a tempting veneer, because it is very hard—impossible, intractable—to find agreement with those whose "vision of the good life," whose ways of valuing things, are different from one's own. But those differences must be solved: either we're going to allow surrogate parenting or we're not, either we're going to sanction kidney sales or we'r [...]

Este libro indudablemente es de clase que nos hace cuestionarnos en la sociedad en la que vivimos. Estamos llegando a un punto donde prácticamente todo se puede comprar y el autor hace una reflexión sobre cuáles son los límites del mercado. Que es lo que se debería y no se debería poder comprar. Una de mis frases preferidas y comparto plenamente fue: Aristóteles enseña que la virtud es algo que cultivamos con la práctica: «Nos volvemos justos con los actos justos, mesurados con los act [...]

Tão bem escrito quanto o anterior, Michael Sandel consegue fazer um amálgama perfeito entre os problemas da contemporaneidade com uma base filosófica que remete a Aristóteles. O que esse livro tem de bom (assim como "Justiça) é a capacidade de formular perguntas que perduram na cabeça do leitor muito após o término da leitura e que, invariavelmente, o faz sair de seu lugar comum. "O que o dinheiro não compra", no fim das contas, nos faz questionar qual modelo de sociedade queremos cons [...]

What Money Can't Buy is a great book on a rather unpopular topic. Where it seems like most people are content to simply put their faith in the movements of markets that they don't understand, Sandel is willing and able to point out the inherent limitations of markets in determining how we value what is for sale. Armed with a great number of examples from a variety of financial/economic areas, the author dissects all of them based on two primary objections to putting anything up for sale and lett [...]

Một câu chuyện, nghìn cách nghĩ!Để mua bán thì có “thị trường”, tức là có cái “CHỢ”. Chợ lâu nay bán những thứ như: xe cộ, nhà cửa, máy móc, áo quần, bánh trái….Câu hỏi đặt ra là, liệu có phải THỨ GÌ CŨNG ĐƯỢC BÁN Ở CHỢ hay không?Mua bán thận, mua bán máu, mua bán quyền sinh thêm con, mua bán quyền chen lên đầu hàng để khỏi chờ đợi khi mua vé, mua quyền chạy vào làn xe ưu tiên, [...]

I like Michael Sandel's What Money Can't Buy, in spite of some of his contestable arguments and examples. Our society really needs substantial discussion on morality and value, not just efficiency, and the book makes that happen.Sandel's theory is that, market economics have expanded into many arenas where he argues they are not supposed to. For instance, a Texan government pays kids from underperformed public schools US$2 to read a book. Sandel argued that, while the US$2 does incentivize the k [...]

Now here’s a book I’d been dying to read! When it came out in hardback last year, I didn’t fancy forking out the £18 for it – that’s something that MY money couldn’t buy for sure. But a trip to London the other day took me near to Foyles, and it would have been rude not to go in and have a little browse. And suddenly I saw that this was now out in paperback, with a really lovely (if somewhat unrelated) cover, so I snapped it up.What Money Can’t Buy is Sandel’s take on the moral [...]

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