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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCapitalism is killing our morals, our future - In a Market Society, everything is for sale
Capitalism is killing our morals, our futurePaul B. Farrell
Commentary: In a Market Society, everything is for sale
Without being fully aware of the shift, Americans have drifted from having a market economy to becoming a market society ... where almost everything is up for sale ... a way of life where market values seep into almost every sphere of life and sometimes crowd out or corrode important values, non-market values.
...............
America transforms from mere market economy to new market society
Sandels core message is simple: The good things in life are degraded if turned into commodities. So to decide where the market belongs, and where it should be kept at a distance, we have to decide how to value the goods in question health, education, family life, nature, art, civic duties, and so on. These are moral and political questions, not merely economic ones.
Unfortunately, we never had that debate during the 30-year rise of market triumphalism. As a result, without quite realizing it without ever deciding to do so we drifted from having a market economy to being a market society.
And the difference is this: A market economy is a tool ... for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavor. Its a place where social relations are made over in the image of the market. The difference is profound.
much more:
http://articles.marketwatch.com/2013-04-29/commentary/38851356_1_capitalism-market-triumphalism-values
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Capitalism is killing our morals, our future - In a Market Society, everything is for sale (Original Post)
kpete
May 2013
OP
Initech
(100,068 posts)1. Market society. It started with air traffic controllers and schools.
Then the wealth addicted turned to prisons, pensions, the police, fire, and judges. Now they have their sights set on the ultimate prize: social security. We cannot allow the wealth addicted to get away with this!
Starry Messenger
(32,342 posts)3. K&R