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w7-8: Case 2 – Markets and morals /2548

>> Download and print the worksheet.

  • Read the articles below and answer the questions on the worksheet.
  • Remember that you will be marked on participation and engagement and that this contributes to your coursework grade for the module.

** Bring your completed worksheet to the tutorial (as well as the article) **

Discussion questions

  1. Sandel identifies seven examples of things that can be bought. Pick two and identify the issues and concerns that they might raise.
  2. Sandel identifies five examples of things that can be sold. Pick two and identify the issues and concerns that they might raise.
  3. What does Sandel identify as the negative effects of becoming a market society, as opposed to a market economy?
    Does market exchange alter the character of what’s being bought and sold?
  4. Should (can) everything be for sale [ie how might one divide market and non-market transactions]?
    Where do merit goods fit in?

Reading

Sandel, M (2012), What isn’t for sale?, The Atlantic, April

Background

Mason, P (2015), The end of capitalism has begun, The Guardian, July 17th

Sandel, M (2013), Market Reasoning as Moral Reasoning: Why Economists Should Re-engage with Political PhilosophyJournal of Economic Perspectives, v27, n4, Fall, pp121–140

Michael Sandel at TedGlobal 2o13 in Edinburgh

Toynbee, P (2014), Nothing will stop David Cameron’s race to the ‘weightless state’, The Guardian, May 20th