The Market Undermines Morality

I think of the market as amoral rather than immoral. And even adam smith realized that markets wouldn't deliver necessarily moral outcomes. Even he talked about the need for a night watchman to look over the market. Im i think the market undermines morality in another key way too, it undervalues those in society who choose as a job to do the good thing. I mean, this constituency is consistently undervalued by the market. In fact, in real terms, both teachers and nurses have earned less to day than they did a decade ago.