Banking scandals have dominated the headlines this summer. Now Michael Sandel, professor of political philosophy at Harvard University, is arguing that market-driven thinking has corrupted our moral code — not just on Wall Street, but in our everyday interactions.
Michael Sandel explains how, in recent decades, market values have taken over almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. He argues that our market economy has changed our society. His book What Money Can’t Buy: The Moral Limits of Markets, he examines how this shift happened and looks at the proper role of markets in a democratic society.