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

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A renowned political philosopher rethinks the role that markets and money Will have to play in our society

Should we pay children to read books or to get good grades? Will have to we put a price on human life to make a decision how much pollution to allow? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to immigrants willing to pay?
In his New York Times bestseller What Money Can’t Buy, Michael J. Sandel takes up some of the biggest ethical questions of our time: Isn’t there something improper with a world in which everything is for sale? If this is the case, how are we able to prevent market values from reaching into spheres of life where they don’t belong? What are the moral limits of markets?
In latest decades, market values have crowded out nonmarket norms in almost every aspect of life. Without rather realizing it, Sandel argues, we have drifted from having a market economy to being a market society.
In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our on a regular basis lives. Now, in What Money Can’t Buy, he provokes a debate that’s been missing in our market-driven age: What’s the proper role of markets in a democratic society, and how are we able to protect the moral and civic goods that markets do not honor and money cannot buy?

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