What Money Can’t Buy
Money! Money! Money! Who would be unwilling to make money here? Probably nobody, I guess. Money gratifies our desires, and above all, it is absolutely necessary for our basic needs. Today, most people are confident to think that money may buy everything in need. Actually so many things have been rapidly commercialized. Then, how far can we price ‘invaluableness?’ In this regard, this book ‘What money can’t buy’ by Michael Sandel talks about moral limits in market. He questions about what makes a true value of our lives.
Sandel argues that we have lost lots of precious values in return for the opportunity costs of commercialization. And most of the remainder values are gradually losing their original values as well, being intervened by market forces. Sandel shows some examples of ethical values that are excluded by contradiction of capitalism. He asks us about how me measure a true value of goods in markets. There are some goods ‘unethically’ manufactured, but still traded in markets. This book makes us rethink about capitalism in a way which degrades our value system.
The very first chapter of this book starts with the line jumping market. Are there people who are too rich to queue? We often see some ‘privileged’ members who are cutting in line and get easy access to public places. Their entrances ignore the rule, ‘first come, first served.’ It is supposed that those people purchased their rights to be quickly served. Do you think that it is reasonable? The ‘traded rights’ often cause side effects, as they value financial incentives too highly. Those incentives may change values of ethical standard which must be protected. Sandel insists that we need to make more efforts to put ‘ethical values’ in our markets. The ultimate question in this book is how we are to protect our values which cannot be priced. Certainly, there are values that money can’t buy and markets don’t honor. With interesting and daily examples in this book, you will understand this questioning. I am sure that you would love reading it.