Pro­tect­ing mar­ket morals

Enterprise - - Book mate -

Ti­tle: What Money Can’t Buy: The Moral Lim­its of Mar­kets Au­thor: Michael J. San­del Pub­lisher: Far­rar, Straus and Giroux Price: $51.75 No. of pages: 256

San­del has taken up a num­ber of the big­gest eth­i­cal ques­tions like, ‘ Should we pay chil­dren to read books or to get good grades?’ Or, ‘ Should we put a price on hu­man life to de­cide how much pol­lu­tion to al­low?’ to ar­gue that 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. Thus, San­del has pro­voked a de­bate over the proper role of mar­kets in a demo­cratic so­ci­ety, and how can we pro­tect the moral and civic goods that mar­kets do not hon­our and money can­not buy?

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.