Why Some Things Should Not Be for Sale

On the Limits of Markets Oxford political philosophy

Hardcover, 304 pages

English language

Published Jan. 1, 2008 by Oxford University Press, USA.

ISBN:
9780195311594

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"Markets are important forms of social and economic organization. They allow vast numbers of people, most of whom never meet, to cooperate together in a system of voluntary exchange. Through markets, people are able to signal to others their own desires, disseminate information, and reward innovation. Markets enable people to adjust their activities without the need for a central authority, and are recognized as the most efficient way we have to organize production and distribution in a complex economy. WIth the death of communism and the rise of globalization, markets and the theories that support them are enjoying a great resurgence. Markets are spreading across the globe, and extending into new domains. Most people view markets as heroic saviors that will remedy the deadening effects of bureaucracy and state control. Are they in fact a positive force? The noted philosopher Debra Satz takes a skeptical view of markets, pointing out …

1 edition

Subjects

  • Foreign Exchange
  • Business & Economics / Foreign Exchange
  • Business & Economics
  • Business / Economics / Finance
  • Business/Economics