The Difference in Charity Between Market and Non-Marcus Societies

Individuals like to argue that as we engage in market activity, the more likely we are to become selfish & corrupt. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies. Ginny Choi explains that successful markets require and produce virtuous participants. Markets serve as moral spaces that both rely on and reward their participants for being virtuous.

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