At The Atlantic, philosopher Michael J. Sandel breaks down the hidden (or not so hidden) costs of a culture in which almost everything is for sale, and articulates the key distinction between a market economy and a market society.
“…Some of the good things in life are degraded if turned into commodities. So to decide where the market belongs, and where it should be kept at a distance, we have to decide how to value the goods in question—health, education, family life, nature, art, civic duties, and so on. These are moral and political questions, not merely economic ones.”
