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Why some things should not be for sale - Debra Satz

9780199892617
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Title
Why some things should not be for sale - the moral limits of markets
Author
Debra Satz
format
Paperback / softback
Publisher
Oxford University Press
Language
English
UK Publication Date
20120419

For many, markets are the most efficient way in general to organize production and distribution in a complex economy. But what about those markets we might label noxious-markets in addictive drugs, say, or in sex? In Why Some Things Should Not Be for Sale, philosopher Debra Satz takes a penetrating look at those commodity exchanges that strike most of us as problematic. What considerations, she asks, ought to guide the debates about such markets? Satzcontends that categories previously used by philosophers and economists are of limited use in addressing such markets because they are assumed to be homogenous. Accordingly, she offers a broader and more nuanced view of markets-one that goes beyond the usual discussions of efficiency and distributionalequality-to show how markets shape our culture, foster or thwart human development, and create and support structures of power. Nobel Laureate Kenneth J. Arrow calls this book "a work that will have to be studied and taken account of by all those concerned by the role of the market as compared with other social mechanisms."

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Debra Satz is Marta Sutton Weeks Professor of Ethics in Society and Professor of Philosophy at Stanford University.

[This book] is a profound gathering of reflections, carefully structured, and a clear contribution to the debate on commercialization in healthcare.

Paul Schotsmans, Ethical Perspectives

important and illuminating

Russell Keat, Economics and Philosophy

Type
BOOK
Keyword Index
Free enterprise - Moral and ethical aspects.|Capitalism - Moral and ethical aspects.
Country of Publication
New York (State)
Number of Pages
252

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