The Ethical Limitations of the Market

Economics and Philosophy 6 (2):179 (1990)
Abstract
A distinctive feature of modern capitalist societies is the tendency of the market to take over the production, maintenance, and distribution of goods that were previously produced, maintained, and distributed by nonmarket means. Yet, there is a wide range of disagreement regarding the proper extent of the market in providing many goods. Labor has been treated as a commodity since the advent of capitalism, but not without significant and continuing challenges to this arrangement. Other goods whose production for and distribution on the market are currently the subject of dispute include sexual intercourse, human blood, and human body parts such as kidneys. How can we determine which goods are properly subjects of market transactions and which are not? The purpose of this article is to propose a theory of what makes economic goods differ from other kinds of goods, which can help to answer this question
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DOI 10.1017/S0266267100001218
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References found in this work BETA
A Theory of Justice.John Rawls - 2009 - In Steven M. Cahn (ed.), Philosophy and Rhetoric. Oxford University Press. pp. 133-135.
Spheres of Justice.Michael Walzer - 1983 - Basic Books.
Preference and Urgency.T. M. Scanlon - 1975 - Journal of Philosophy 72 (19):655-669.
Primary Goods'.John Rawls - 1982 - In Amartya Kumar Sen & Bernard Arthur Owen Williams (eds.), Utilitarianism and Beyond. Cambridge University Press.

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Citations of this work BETA
Incommensurability and Trade.Nir Eyal & Emma Tieffenbach - 2016 - The Monist 99 (4):387-405.
Values, Ethics and Ecology in Economics.Roberto Burlando - 2001 - World Futures 56 (3):241-261.
Markets, Information, and Benevolence.Timothy J. Brennan - 1994 - Economics and Philosophy 10 (2):151.

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