What isn’t for sale?
Michael De Dora
Posted on March 15, 2012
You might recall that a couple weeks ago I posted about the forthcoming book from Harvard University political philosopher Michael Sandel, titled What Money Can’t Buy: the Moral Limits of Markets. I am particularly excited for What Money Can’t Buy because Sandel has authored several of my favorite books, such as Public Philosophy: Essays on Morality in Politics and Justice: What’s the Right Thing to Do?
It turns out Sandel is now giving people a brief preview of the book, which is out April 24, on The Atlantic. Check it out:
While it is certainly true that greed played a role in the financial crisis, something bigger was and is at stake. The most fateful change that unfolded during the past three decades was not an increase in greed. It was the reach of market…s, and of market values, into spheres of life traditionally governed by nonmarket norms. To contend with this condition, we need to do more than inveigh against greed; we need to have a public debate about where markets belong—and where they don’t…The difference is this: A market economy is a tool—a valuable and effective tool—for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavor. It’s a place where social relations are made over in the image of the market. The great missing debate in contemporary politics is about the role and reach of markets. Do we want a market economy, or a market society?
You can pre-order What Money Can’t Buy here.