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

Author: Michael J. Sandel
Publisher: Penguin Books
Year of Publication: 2013
Print Length: 256 pages
Genre: Non-Fiction / Popular Science, Philosophy
Topic: Altruism, Charity, Ethics & Morality, Giving, Sharing, Sacrifice, Finance, Market, Politics & Power, Education, Governance; Law, Jurisprudence, Legal Theory; Domestic & Public
What Money Can’t Buy is the Top Ten Sunday Times Bestseller from ‘the superstar philosopher’, Michael Sandel
Should we financially reward children for good marks? Is it ethical to pay people to donate organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons or selling citizenship?
In recent decades, market values have impinged on almost every aspect of life – medicine, education, government, law, even family life. We have drifted from having a market economy to being a market society. In What Money Can’t Buy Michael Sandel asks: Isn’t there something wrong with a world in which everything is for sale? And how do we protect the things that really matter?
‘In a culture mesmerised by the market, Sandel’s is the indispensable voice of reason’ John Gray, New Statesman
Table of Contents
Introduction: Markets and Morals
Market Triumphalism / Everything for Sale / The Role of Markets / Our Rancorous Politics
1. Jumping the Queue
Airports, Amusement Parks, Car Pool Lanes / Hired Line Standers / Ticket Scalpers / Concierge Doctors / Markets Versus Queues / Yosemite Campsites / Papal Masses / Springsteen Concerts
2. Incentives
Cash for Sterilization / The Economic Approach to Life / Paying Kids for Good Grades / Bribes to Lose Weight / Selling the Right to Immigrate / A Market in Refugees / Speeding Tickets and Subway Cheats / Tradable Procreation Permits / Tradable Pollution Permits / Carbon Offsets / Paying to Kill an Endangered Rhino / Ethics and Economics
3. How Markets Crowd Out Morals
Hired Friends / Bought Apologies and Wedding Toasts / The Case Against Gifts / Auctioning College Admission / Coercion and Corruption / Nuclear Waste Sites / Donation Days and Day-Care Pickups / Blood for Sale / Economizing Love
4. Markets in Life and Death
Janitors Insurance / Betting on Death / Internet Death Pools / Insurance Versus Gambling / The Terrorism Futures Market / The Lives of Strangers / Death Bonds
5. Naming Rights
Autographs for Sale / Corporate-Sponsored Home Runs / Luxury Skyboxes / Moneyball / Bathroom Advertising / Ads in Books / Body Billboards / Branding the Public Square / Branded Lifeguards and Nature Trails / Police Cars and Fire Hydrants / Commercials in the Classroom / Ads in Jails / The Skyboxification of Everyday Life
Notes
Acknowledgments
Index

Michael J. Sandel teaches political philosophy at Harvard University. His books What Money Can’t Buy: The Moral Limits of Markets, and Justice: What’s the Right Thing to Do? were international best sellers and have been translated into 27 languages. Sandel’s legendary course ‘Justice’ was the first Harvard course to be made freely available online and on television and has been viewed by tens of millions of people. His BBC series ‘The Global Philosopher’ explores the philosophical ideas lying behind the headlines with participants from around the world. Sandel has been a visiting professor at the Sorbonne, delivered the Tanner Lectures on Human Values at Oxford, the Reith Lectures for the BBC, and is a member of the American Academy of Arts and Sciences. His lecture tours have taken him across five continents and packed such venues as St. Paul’s Cathedral (London), the Sydney Opera House (Australia), and an outdoor stadium in Seoul (S. Korea), where 14,000 people came to hear him speak.
Source: https://www.penguin.co.uk/authors/33873/michael-j-sandel?tab=penguin-biography
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