px1408.jpg Pedro Molina

The Year Ahead 2013

The Moral Limits of Markets

Almost without realizing it, we have drifted from having market economies to becoming market societies. A market economy is a tool for organizing productive activity, while a market society is a place where almost everything – from our bodies to our politics – is up for sale.

TOKYO – Today, there are very few things that money can’t buy.

If you are sentenced to a jail term in Santa Barbara, California, and don’t like the standard accommodations, you can buy a prison-cell upgrade for about $90 per night.

If you want to help to prevent the tragic fact that, each year, thousands of babies are born to drug-addicted mothers, you can contribute to a charity that uses a market mechanism to ameliorate the problem: a $300 cash grant to any drug-addicted woman willing to be sterilized.

To continue reading, register now.

As a registered user, you can enjoy more PS content every month – for free.

Register

or

Subscribe now for unlimited access to everything PS has to offer.

https://prosyn.org/2rYWrh0