What Money Can't Buy: The Moral Limits of Markets

Michael Sandel

Pages

256

Year

2012

Difficulty

Easy

Themes

markets and morality, commodification, inequality, civic goods, consumer culture

The book for readers who found Justice convincing in the abstract and now want to see the argument applied to something they encounter every week: what should and should not have a price tag.

Why Consider This

Where Justice surveys competing theories, this book applies Sandel’s method to a single sharp question. Over the past few decades markets have quietly annexed territory they never used to occupy: paying children to read books, buying your way past a line at the airport, purchasing the right to hunt an endangered species so the fee funds its protection. Sandel argues that market thinking does not just distribute these goods, it can change what they mean, and that some things are corrupted rather than merely priced by being bought and sold.

It works as a natural second step after Justice because it takes one of that book’s live threads (Sandel’s skepticism of market-first thinking) and gives it a full case. You do not need to have read Justice first, but if you have, the argument here will feel like watching him zoom in.

What to Expect

Shorter and more journalistic than Justice, organized around real, often startling examples rather than classical thought experiments. At 256 pages it moves quickly and is easy to read in a few sittings. The tone stays even-handed: Sandel presents the efficiency case for markets fairly before explaining what he thinks it misses. Expect to notice priced-off territory everywhere you look for weeks afterward.

What to Read Next

Similar authors