Finn and Sandel on Construction of Markets and Moral Limits of Markets

Question 1

Sandel

Answer 1

Sandel
Sandels book what money can’t buy the moral limits of markets is all about the moral limits that market reasons has.
some things money cannot buy
Something wrong when everything is up for sale
Moral limit of markets= when they reach into a sphere of life they do not belong

Two objections to market reasoning
Fairness objection
Love markets as give freedom of choice now some choices are not voluntary
Corruption objection
Certain moral or civic good are diminished or corrupted when bought or sold
- why there needs to be a moral limit to what money can and cannot buy

Question 2

Sandel 2 objections to market reasoning

Answer 2

• ## Two objections to market reasoningFairness objection
  Love markets as give freedom of choice now some choices are not voluntary
  Corruption objection

Certain moral or civic good are diminished or corrupted when bought or sold
- why there needs to be a moral limit to what money can and cannot buy

Question 3

Finn

Answer 3

Finn
moral ecology of markets
Markets are areas fenced by gov
Not too many or too little rules
All teams are treated equal (no lobbying)
If successful give back by electing political who advocate for moral ecology

Question 4

4 things all markets must solve

Answer 4

Allocation of resources so needs are met

Equitable distribution of goods and services

Quality relations

sustainable scale of production

Question 5

4 things to consider when evaluating the marker

Answer 5

Vibrant civil society

Goods available

Market properly defined by law

Morality of individuals I apparent