The Moral Costs of Free Markets
Sunday, January 13, 2013
First Aired:
Sunday, January 2, 2011
What Is It
We live in a market-driven society – our day-to-day lives consist of buying and selling goods and services, and to some, our ability to do so without government regulation is the underpinning of democratic freedom itself. Everything has a price, and pretty much everything is for sale, from concert tickets to political influence. But should it be this way? Ken and John explore the moral costs of free markets with Stanford philosopher Debra Satz, author of Why Some Things Should Not Be For Sale: The Moral Limits of Markets.
Comments (1)
NinaDov7
Thursday, January 16, 2025 -- 1:49 AM
The moral costs of freeThe moral costs of free markets is such an interesting topic. While free markets can encourage innovation and drive competition, they can also have ethical downsides—like exploitation or environmental damage. It's a balance that society continues to navigate. In a similar way, participating in online marketplaces can be a bit of a moral minefield, depending on where and how you’re buying or selling goods. If you’re someone who shops or sells on auction sites, checking platforms like slibuy for reviews can give you insights into how fair and reliable these services are. It’s always good to know you're engaging with ethical and trustworthy platforms!