Limitations of Market-Centered Governance and the Need for a Politics of the Common Good

This chapter explores the limitations of market-centered governance and advocates for a politics of the common good. It discusses the rise of market-oriented ways of conceiving public life, the shift towards market triumphalism, and the importance of democratic deliberation and reflection on preferences. The chapter also addresses the objection that ethics should only be relied upon when the price system fails and emphasizes the virtues of democratic life for moral and civic renewal.