Michael Sandel on the Moral Limits of Markets
Intelligence Squared
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The Intrusion of Markets into Public Life
The chapter explores the impact of monetary incentives on public responsibility and decision-making through various examples like accepting nuclear waste sites for compensation and imposing fines at daycare centers. It delves into the erosion of traditional values by market forces, urging for collective deliberation on the values markets should influence. The importance of engaging in robust public discourse and reflection on moral questions to prevent markets from solely determining societal issues is emphasized.
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