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What Money Can't Buy: The Moral Limits of Markets
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What Money Can't Buy: The Moral Limits of Markets

3.88  ·  Rating details ·  6,533 Ratings  ·  735 Reviews
Paperback. Pub Date :2012-04-26 Pages: 248 Language: English Publisher: Allen Lane Should we pay children to read books or to get good grades Is it ethical to pay people to test risky new drugs or to donate their organs What about hiring mercenaries to fight our wars. outsourcing inmates to for-profit prisons. auctioning admission to elite universities. or selling citizens ...more
Paperback, Open Market Edition, 244 pages
Published April 2012 by Allen Lane
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knig
Sandel is worried about the lack of moral limits of markets and posits that the time has come to hold a debate, as a society, that would enable us to decide, again as a society, where ‘markets serve the public good and where they don’t belong’. This to address the precipitous decline in moral values and the ensuing corruption when having a market economy morphs into ‘being’ a market economy.

Objection. Since when, pray tell, have moral values been determined democratically in any society. What ho
...more
Sean
Jan 06, 2013 rated it did not like it  ·  review of another edition
I praise Michael Sandel for pillorying markets when they traffic in morally objectionable goods and services. But economists have admitted the amorality of markets. Markets do the best job of allocating scarcity but make no claim as to the worthiness of the good or service allocated to begin with. And so, yes, markets need limits, but this does not diminish the appropriateness of using a market based approach for morally neutral or beneficial goods and services.

Sandel spends too much of the boo
...more
Tiffoknee the 3rd Conner
Not to brag or anything (or maybe just to brag a little), but I actually knew of Michael Sandel's scholarship way before he wrote Justice, a book I didn't even read, but which achieved international acclaim and thus gave Sandel that coveted status of Superstar Public Intellectual. My introduction to Sandel's work was Democracy's Discontent. I did read the excerpt of What Money Can't Buy in the The Atlantic and enjoyed it. But I don't know that Dr. Sandel needed an entire book to make his argumen ...more
Maria Espadinha
Jul 05, 2016 rated it really liked it  ·  review of another edition
Humanos Demitidos


Precisa duns euros extra?

Que tal rapar a cabeça e rabiscá-la com gatafunhos de publicidade?
Ou comprar um seguro de vida a alguém já bem entrado e de preferência doente para acelerar a indemnização por morte do segurado!
Outra hipótese será servir como cobaia humana em testes de segurança de medicamentos para empresas farmacêuticas............

Pretende gerar mais um filho e dava-lhe jeito uma barriga de aluguer para o efeito?
Não tem problema! Na Índia há montes delas quase ao preç
...more
Bruce
Jun 02, 2013 rated it really liked it  ·  review of another edition
Michael Sandel is Professor of Government at Harvard University, the teacher of the acclaimed course on Justice that has been expanded into a public online course and that formed the basis for Sandel’s critically praised book by the same title. In this present book, Sandel examines the intrusion of market thinking into more and more aspects of contemporary life. “Today, almost everything is up for sale.” Increasingly, we allow market values to govern more and more parts of our lives. The commodi ...more
Haplea
Mar 04, 2013 rated it it was amazing  ·  review of another edition
It is an easy reading book about the continuous progressive encroachment of free market mechanisms of putting a price on everything, into ethical values and into the common patrimony of society. The author is showing by examples how in the last decades in the global capitalist world, little by little, everything has become for buying or sale: surrogate mothers, human organs and blood, politicians, children, the right to pollute, honor, integrity, power and even the manipulation of collective con ...more
George K.
Apr 19, 2017 rated it really liked it  ·  review of another edition
Shelves: non-fiction
Το βιβλίο μου είχε κινήσει την προσοχή από την στιγμή που κυκλοφόρησε στα ελληνικά από τις εκδόσεις Πόλις, αλλά τελικά δεν έτυχε να το αγοράσω τότε που έσκασε μύτη στα βιβλιοπωλεία - ακόμα και με την σούπερ έκπτωση της Πρωτοπορίας. Τελικά το τσίμπησα πριν δυο μέρες, χωρίς να το σκεφτώ και πολύ αυτή την φορά. Πόσο καλά έκανα! Πρόκειται για ένα εξαιρετικά ενδιαφέρον και καλογραμμένο βιβλίο, που πραγματεύεται θέματα που (έπρεπε να) απασχολούν τον σύγχρονο άνθρωπο.

Ο τίτλος τα λέει (σχεδόν) όλα: Τι μ
...more
Mike Edwards
Sandel here gets all the big things right--and a shockingly large number of the little things wrong.

His main thesis is absolutely correct: the introduction of money and markets can fundamentally change the character or nature of a particular transaction. Sandel is correct that society often does not fully appreciate this basic fact--which causes us to use monetary incentives in ways that can be more detrimental than beneficial.

Most of the time, but not all of the time. Sandel states that he's ju
...more
Quang Khuê
May 17, 2016 rated it really liked it  ·  review of another edition
Cuốn này của Michael J. Sandel dễ đọc hơn cuốn "Phải trái đúng sai" đã xuất bản trước đây. Có lẽ vì chủ đề hẹp hơn. Tác giả đặt ra câu hỏi: có nên áp dụng thị trường tự do vào một số hoạt động (đang được tranh cãi) trong cuộc sống.

Để trả lời câu hỏi đó, ông đặt ra hai câu hỏi nhỏ liên quan đến luận điểm ủng hộ thị trường tự do của các nhà kinh tế học:

1) Thị trường tự do có thực sự "tự do", có đảm bảo bình đẳng giữa bên mua và bên bán. Ví dụ: những người bán nội tạng có thực sự được quyền chọn lự
...more
Phan
Dec 28, 2016 rated it it was amazing  ·  review of another edition
256 pages ? I feel like 500 pages.

This book has many many many examples of how Market Thinking creeps into our society. Human always use cost/benefit analysis for all kind of things, but often without comprehension of the big picture and consequences. There are many public goods and human endeavors should not be taken lightly and empathy is something not to be messed with. The often heard mantra “Money cannot solve everything” rings true and clear when the author examines what was and is happen
...more
Don
Jul 21, 2013 rated it really liked it  ·  review of another edition
Shelves: non-fiction, society
The problem with this book is, when you put it down, you walk around looking at the world saying, "Why the hell is THAT considered a marketable part of life?!" "And THAT! What the heck is going on here? It all just snuck up on us... and we lost." Seriously, this is a very interesting read that is a real eye-opener. The skyboxification of America, separating EVERYTHING via the lens of "what would somebody pay for THIS," and what can money NOT buy -- rather, SHOULD not be able to buy -- are substa ...more
sepehrdad
http://sepehrdad.blog.ir/1393/07/23/%...

1- این روزها همه چیز خرید و فروش میشود. جای پارک ماشینها کنار خیابانها، حق عبور و مرور خودروها در خیابانهای تهران(برچسب ترافیک)، اجازهی تحصیل در دانشگاههای شریف و تهران و امیرکبیر، تبلیغات در متروها (حتا سر به زیر ترین آدمها هم از تبلیغات مترو رهایی ندارند.)، دخترهای دماغ عملی به قیمت مهریههای سنگین، رحم زنان برای زایمان، پسربچهی 5 ساله به قیمت یک خانه و... ما هم گرفتار جهانی شدهایم که پول میتواند در آن هر کاری بکند.

2- همه چیز از برندهی نوبل اقتصاد سال 199
...more
Rahul Jain
Oct 27, 2017 rated it it was amazing  ·  review of another edition
What a beautiful little book.
As a child I used to wonder why does only life insurance companies used to have agents specifically, and why there was always a hint of distance and discomfort from those people.

Although the book is US specific in certain topics, it remains fluid to read, covering a broad range of topics and poses interesting question on our notion of what we think is sacrosanct in life.

The chapter on gifts is quite relieving - I always found giving cash very distasteful - it's good
...more
Robert Wechsler
Oct 15, 2015 rated it it was amazing  ·  review of another edition
Shelves: nonfiction
This is one of the most important books that has come out in the last few years. It is about how the norms that accompany a free market approach are inappropriate to many spheres of life, such as public service, access to government officials, and the distribution of government resources. I focus on government, because I write about government ethics. But Sandel looks at other spheres of life, as well.

The ideas Sandel expresses here are anathema to libertarians, who consistently apply a free mar
...more
Carsten
Aug 09, 2012 rated it it was amazing  ·  review of another edition


Five stars for the topic and bringing it to the attention of the public. The topic of how far reaching we as a society want markets to be is a highly important one and it is had much too little, actually not at all I would say. Markets have become the myths of our time, they never fail and are always right and because of that they should have a broader reach. That is the typical argument but is that really the case? Do we want as a society be fully market driven?
Where the book could have been
...more
Mark Crawford
Aug 11, 2013 rated it it was amazing  ·  review of another edition
Robert Fulford's year-end musing in The National Post, "2012, the year when money somehow became unpopular" contains a predictably jaundiced view of two recent scholarly works about contemporary capitalism, What Money Can't Buy: The Moral Limits of Markets by Harvard Political Theorist Michael J. Sandel, and How Much is Enough? Money and the Good Life, by Robert and Edward Skidelsky. (Since I have not read the latter work, I shall not comment upon it.)


But I have read Sandel's book and have found
...more
Mike
Money itself is an allusion. And this book pokes at the growing assumption that everything these days has a price. Sandel argues effectively the futility of assigning a value to tricky moral issues and the corrupting nature of money on the things a value has been slapped on.

Here's the deal. The market mindset shouldn't be applied to all things in our life. Why do we like putting a value on things? Well, it's neat and tidy. It absolves people of true responsibility for their actions. The downside
...more
Carla
Nov 08, 2012 rated it liked it  ·  review of another edition
I haven't yet read Justice, but after reading this I certainly will.

This book helped me spotlight an uncomfortable internal tug-of-war that's been going on inside my head for most of my career -where is the line? As a marketer for most of my career, I have aggressively pursued every possible angle to get closer and closer to my target audience and push them to a desired action. As a startup manager in the day, nothing was beyond redesign and everything had a business model. But there was a nagg
...more
Jeremy
Jan 13, 2013 rated it really liked it  ·  review of another edition
My own initial worries were that an Ivy League professor would write an argument that requires some sort of familiarity with the vagaries of economic theory. But Sandel doesn't. He explains both the econ and the moral theory that represent the book’s central conflict/discussion in incredibly accessible terms, a prose style that seems to me entirely suitable for the target audience. There's very little disciplinary name-dropping or theoretical digression, and the presentation calls to mind an int ...more
Kate Lawrence
Aug 06, 2013 rated it really liked it  ·  review of another edition
Shelves: social-issues
Anyone who is dismayed to see the unprecedented reach of advertising, corporate naming rights of public venues, and monetary payments for behavior formerly expected without incentives--like getting good grades or standing in line--will be glad to see an examination of how far markets should be allowed to penetrate our society. And those who haven't noticed these things can use the book to catch up.
Sandel, a Harvard professor of government, doesn't strive to make a particular case, however. In th
...more
John Campbell
Feb 09, 2017 rated it it was amazing  ·  review of another edition
Sandel has a gift for detecting the moral components of our daily lives, and communicating them accessibly. In this book, he shows with clarity that market thinking has the effect of crowding out moral considerations, and that we as a society need to think carefully about when and where markets are appropriate. In doing so he attacks a central tenet of modern economics, the idea that markets do not change goods, but I think he do so convincingly. The examples he pulls from real life to illustrat ...more
Jino
May 14, 2016 rated it really liked it  ·  review of another edition
برای ما که از غول های بزرگ سرمایه داری مثل آمریکا فاصله داریم کتاب بسیار جالبی است. ولی ای کاش نویسنده در انتها به تحلیل کلی این فاجعه از دیدگاه جامعه شناختی و روان شناختی می پرداخت
Mark Jr.
Dec 05, 2017 rated it it was amazing  ·  review of another edition
Shelves: audio, 2017
I find it incredibly refreshing to find any writer who sees through the tempting veneer secularism has laid not just on our politics but on our lives. It's a tempting veneer, because it is very hard—impossible, intractable—to find agreement with those whose "vision of the good life," whose ways of valuing things, are different from one's own. But those differences must be solved: either we're going to allow surrogate parenting or we're not, either we're going to sanction kidney sales or we're no ...more
Amy
What Money Can't Buy is a great book on a rather unpopular topic. Where it seems like most people are content to simply put their faith in the movements of markets that they don't understand, Sandel is willing and able to point out the inherent limitations of markets in determining how we value what is for sale. Armed with a great number of examples from a variety of financial/economic areas, the author dissects all of them based on two primary objections to putting anything up for sale and lett ...more
Nguyên ngộ ngộ
Một câu chuyện, nghìn cách nghĩ!
Để mua bán thì có “thị trường”, tức là có cái “CHỢ”. Chợ lâu nay bán những thứ như: xe cộ, nhà cửa, máy móc, áo quần, bánh trái….Câu hỏi đặt ra là, liệu có phải THỨ GÌ CŨNG ĐƯỢC BÁN Ở CHỢ hay không?
Mua bán thận, mua bán máu, mua bán quyền sinh thêm con, mua bán quyền chen lên đầu hàng để khỏi chờ đợi khi mua vé, mua quyền chạy vào làn xe ưu tiên, trả tiền cho người bị HIV AIDS để “triệt sản” họ để họ KHÔNG đẻ con mang bệnh tật liên lụy xã hội... Liệu những thứ “HÀ
...more
Aries Poon
Aug 08, 2012 rated it it was amazing  ·  review of another edition
I like Michael Sandel's What Money Can't Buy, in spite of some of his contestable arguments and examples. Our society really needs substantial discussion on morality and value, not just efficiency, and the book makes that happen.

Sandel's theory is that, market economics have expanded into many arenas where he argues they are not supposed to. For instance, a Texan government pays kids from underperformed public schools US$2 to read a book. Sandel argued that, while the US$2 does incentivize the k
...more
Helen Driver
Jun 11, 2013 rated it it was amazing  ·  review of another edition
Now here’s a book I’d been dying to read! When it came out in hardback last year, I didn’t fancy forking out the £18 for it – that’s something that MY money couldn’t buy for sure. But a trip to London the other day took me near to Foyles, and it would have been rude not to go in and have a little browse. And suddenly I saw that this was now out in paperback, with a really lovely (if somewhat unrelated) cover, so I snapped it up.

What Money Can’t Buy is Sandel’s take on the moral aspect of markets
...more
Marks54
Jul 30, 2012 rated it it was amazing  ·  review of another edition
This is a short book that focuses on a fairly specific development - the movement of market based thinking in the past 30 years into areas in which it had not been present. With such trends leading to an end point where everything is up for sale, the author raises the question of whether that is a good situation and a positive development or not. Without giving too much away, I can say that the author does not view the spread of a commodity logic as an unqualified positive development.

The book c
...more
Altonmann
This book is a mere catalog of commercialism in our society.
Since our society and culture in the United States is commercialism,
the book is merely additional noise. Merely a pile of undigested research by an academic.

If academia requires publish or perish, this belongs in the perish category. The blurb by George Will (the cipher with a bow tie) should have warned me off.

There is no point of view expressed here. The author's quiet even handed calm approach is perhaps intended as "objectivity". Ac
...more
Papa Mbaye
Feb 12, 2017 rated it it was amazing  ·  review of another edition
Ever since I began to interest myself in the field of economics, the philosophy that under-girds it, its successes and perils, I have found myself struggling to find the right vocabulary to define what I found distasteful, corrupting about it. The ethical implications of the economic society that characterizes the twenty first-century are not lost on many commentators, but very rarely have I heard someone who does such a wonderful job of elucidating all that is wrong with the gradual encroachmen ...more
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Michael J. Sandel is the Anne T. and Robert M. Bass Professor of Government at Harvard University, where he has taught since 1980, and the author of many books. He lives in Brookline, Massachusetts.

Michael J. Sandel ( March 5, 1953) is an American political philosopher and a professor at Harvard University. He is best known for the Harvard course 'Justice', which is available to view online, and f
...more
More about Michael J. Sandel...
“A growing body of work in social psychology offers a possible explanation for this commercialization effect. These studies highlight the difference between intrinsic motivations (such as moral conviction or interest in the task at hand) and external ones (such as money or other tangible rewards). When people are engaged in an activity they consider intrinsically worthwhile, offering them money may weaken their motivation by depreciating or "crowding out" their intrinsic interest or commitment.” 8 likes
“As soon as public service ceases to be the chief business of the citizens, and they would rather serve with their money than with their persons, the state is not far from its fall.” 3 likes
More quotes…