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

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

Hardback

By (author) Anne T and Robert M Bass Professor of Government Michael J Sandel

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  • Publisher: Farrar, Straus & Giroux Inc
  • Format: Hardback | 244 pages
  • Dimensions: 155mm x 229mm x 28mm | 476g
  • Publication date: 24 April 2012
  • Publication City/Country: New York
  • ISBN 10: 0374203032
  • ISBN 13: 9780374203030
  • Sales rank: 97,569

Product description

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 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?

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Author information

Michael J. Sandel is the Anne T. and Robert M. Bass Professor of Government at Harvard University. His work has been the subject of television series on PBS and the BBC. His most recent book is the international bestseller "Justice: What's the Right Thing to Do?"

Review quote

Praise for Michael Sandel and "What Money Can't Buy: " """Michael Sandel's "What Money Can't Buy" is a great book and I recommend every economist to read it, even though we are not really his target audience. The book is pitched at a much wider audience of concerned citizens. But it taps into a rich seam of discontent about the discipline of economics.... The book is brimming with interesting examples which make you think.... I read this book cover-to-cover in less than 48 hours. And I have written more marginal notes than for any book I have read in a long time."--Timothy Besley, "Journal of Economic Literature""Provocative. . . "What Money Can't Buy" [is] an engaging, compelling read, consistently unsettling and occasionally unnerving. . . [It] deserves a wide readership."--David M. Kennedy, "Democracy""Brilliant, easily readable, beautifully delivered and often funny. . . an indispensable book on the relationship between morality and economics."--David Aaronovitch, "The Times" (London)"Sandel is probably the world's most relevant living philosopher."--Michael Fitzgerald, "Newsweek""In a culture mesmerized by the market, Sandel's is the indispensable voice of reason.... "What Money Can't Buy." . . must surely be one of the most important exercises in public philosophy in many years."--John Gray, "New Statesman""[An] important book. . . Michael Sandel is just the right person to get to the bottom of the tangle of moral damage that is being done by markets to our values."--Jeremy Waldron, "The New York Review of Books""The most famous teacher of philosophy in the world, [has] shown that it is possible to take philosophy into the public square without insulting the public's intelligence. . .[He] is trying to force open a space for a discourse on civic virtue that he believes has been abandoned by both left and right."--Michael Ignatieff, "The New Republic""[Sandel]is such a gentle critic that he merely asks us to open our eyes. . . Yet