Markets & Morals

In the past three decades, says Michael Sandel, the US has drifted from a market economy to a market society; it's fair to say that an American's experience of shared civic life depends on how much money they have. (Three key examples: access to education...

Over the last few decades we've become a market society where almost everything is up for sale – there are cash incentives for doctors who diagnose dementia patients and for teachers whose students get better exam results. The problem, says Harvard...

Michael Sandel is a philosopher with the global profile of a rock star. His argument that commercial markets are increasingly entering all parts of life, and are becoming more and more destructive, has won him a worldwide following. But are commercial...

Michael Sandel is a philosopher with the global profile of a rock star. His argument that commercial markets are increasingly entering all parts of life, and are becoming more and more destructive, has won him a worldwide following. But are commercial...

Harvard University's Michael Sandel illustrates the ethical and moral concerns regarding the growing role of money and market values in society. (7:02)

Called one of the world's most interesting political philosophers, Michael Sandel is a professor of government at Harvard University, where he's taught political philosophy since 1980. His hugely popular undergraduate course, "Justice," has enrolled over...

In recent decades, market values have crowded out non- market norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, we have drifted from having a market...