Abstract
Although philosophers tend to differ in terms of the criteria that they offer for determining when market transactions should be morally prohibited, they tend to converge with respect to a certain methodological bias: they fail to reflexively consider how the existing politico-economic context bears on the way in which they formulate these criteria. After discussing the nature of actually existing, rather than idealized, markets, I consider four such offerings, which are either liberal egalitarian or communitarian, and I articulate how this failure is manifested in their respective positions. I conclude by pointing toward an alternative approach to the question of marketization, one that is both methodologically and substantively more faithful to the scope of the underlying problems that this question raises.
References
Anderson, E. (1993). Value in Ethics and Economics (Cambridge, MA: Harvard University Press).Search in Google Scholar
Booth, W. (1994). ‘On the Idea of the Moral Economy’, The American Political Science Review 88(3): 653–667.10.2307/2944801Search in Google Scholar
Faux, J. (2012). The Servant Economy (Hoboken, NJ: John Wiley and Sons).Search in Google Scholar
Friedman, M. (2002). Capitalism and Freedom (Chicago: University of Chicago Press).10.7208/chicago/9780226264189.001.0001Search in Google Scholar
Glyn, A. (2006). Capitalism Unleashed (Oxford: Oxford University Press).10.1093/acprof:oso/9780199226795.001.0001Search in Google Scholar
Hacker, J.S. and Pierson, P. (2010). Winner-Take-All Politics (New York: Simon & Schuster).Search in Google Scholar
Keat, R. (2006). “Liberalism, neutrality, and varieties of capitalism’, unpublished manuscript http://www.russellkeat.net.Search in Google Scholar
Lessig, L. (2011). Republic, Lost (New York: Hatchette Book Group).Search in Google Scholar
MacIntyre, A. (1998). ‘Politics, Philosophy and the Common Good’, in K. Knight (ed.). The MacIntyre Reader (Cambridge: Polity Press).Search in Google Scholar
Marx, K. and Engels, F. (1992). The Communist Manifesto (Oxford: Oxford University Press).Search in Google Scholar
Nozick, R. (1974). Anarchy, State, and Utopia (New York: Basic Books).Search in Google Scholar
Nozick, R. (1989). The Examined Life (New York: Simon and Schuster).Search in Google Scholar
Pettit, P. (1997). Republicanism (Oxford: Oxford University Press).Search in Google Scholar
Polanyi, K. (2001). The Great Transformation: The Political and Economic Origins of Our Time (Boston: Beacon Press).Search in Google Scholar
Putnam, R. (2000). Bowling Alone (New York: Simon & Schuster).10.1145/358916.361990Search in Google Scholar
Radin, M.J. (1987). ‘Market-Inalienability’, Harvard Law Review 100(8): 1849–1937.10.2307/1341192Search in Google Scholar
Rawls, J. (1993). Political Liberalism (New York: Columbia University Press).Search in Google Scholar
Satz, D. (2010). Why Some Things Should Not Be For Sale: The Moral Limits of Markets (Oxford: Oxford University Press).10.1093/acprof:oso/9780195311594.001.0001Search in Google Scholar
Sandel, M.J. (2012). What Money Can’t Buy: The Moral Limits of Morals (New York: Farrar, Strauss, and Giroux).Search in Google Scholar
Sen, A. (1999). Development as Freedom (New York: Random House Books).Search in Google Scholar
Smith, A. (1999). The Wealth of Nations, Books I-III (New York: Penguin Classics).Search in Google Scholar
Smith, A. (2000). The Wealth of Nations, Books IV-V (New York: Penguin Classics).Search in Google Scholar
Stiglitz, J. (2012). The Price of Inequality (New York: W.W. Norton and Company).Search in Google Scholar
Tomasi, J. (2012). Free Market Fairness (Princeton: Princeton University Press).10.23943/princeton/9780691144467.001.0001Search in Google Scholar
Walzer, M. (1983). Spheres of Justice: A Defense of Pluralism and Equality (New York: Basic Books)Search in Google Scholar
Walzer, M. (1987). Interpretation and Social Criticism (Cambridge: Harvard University Press).Search in Google Scholar
Williams, B. (1973). ‘The Idea of Equality’, in Problems of the Self (Cambridge: Cambridge University Press), pp. 230–249.10.1017/CBO9780511621253.016Search in Google Scholar
©2015 by De Gruyter
