Chapter 7: Markets, motivations and morality
Restricted access

The socialist view of markets and competition as always morally corrupting is challenged. Michael Sandel, Margaret Radin, Debra Satz and others have argued that there are limits to what should be put up for sale. But their criteria are different and sometimes unspecified. In some cases the moral difficulty may arise from economic inequality rather than commodification as such. Nevertheless, there is evidence that markets can ‘crowd out’ cooperation and moral sentiments. From a different viewpoint, Jason Brennan and Peter Jaworski have argued that if it is morally permissible to possess something, then it is morally permissible to sell it. But this claim depends on the assumption that selling does not change the characteristics of the good or service that is transferred, or the background conditions upon which it depends. Hence the difference between a sale and a gift. Brennan and Jaworski’s conditional defence of vote selling is also criticised.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with you Elgar account