Hide
Раскрыть

Officially registered in the Federal Service for Supervision in the Area of Telecom, Information Technologies and Mass Communications
Electronic No. 77-8029.

On the web since fall 2000

Journal of Economic Sociology is indexed by Emerging Sources Citation Index (ESCI) from Web of Science™ Core Collection

Funded by the National Research University Higher School of Economics since 2007.

Kirill Makarov

The Free Market and the Moarl Limits. Book Review: Sandel M. J. (2012) What Money Can’t Buy: The Moral Limits of Markets, London: Allen Lane.

2015. Vol. 16. No. 1. P. 70–80 [issue contents]

Modern society, in which it is possible to buy or sell most goods, is regarded as far more rationally arranged comparing to those where goods distribution is grounded on the principle of reallocation or of reciprocity. Indeed there is rationale for considering that a market, if not hindered by other forces, will distribute goods effectively, providing to those who are able and willing to pay for them. However the question is: does this lead to a welfare state? Or does it cause social atomization, inequality of growth and a predominance of economic calculation?
Commodification is a process that is registered through the whole history of capitalism’s development. Although it may be regarded as a natural market attribute, commodification should be permanently examined with thoroughness and never neglected. Allowed out of control, commodification may lead to an unexpected aftermath, reshaping the image of society in an undesirable way. Pricing goods does not change their functionality but it surely alters the meaning that commodity might have attached to it.
Michael Sandel’s new book, “What Money Can't Buy: The Moral Limits of Markets” is all about the destructive outcomes of an uncontrolled commodification process.

Citation: Makarov K. (2015) Svobodnyy rynok i moral'nye ogranicheniya. Retsenziya na knigu: Sandel M. J. 2012. What Money Can't Buy: The Moral Limits of Markets. London: Allen Lane [The Free Market and the Moarl Limits. Book Review: Sandel M. J. (2012) What Money Can’t Buy: The Moral Limits of Markets, London: Allen Lane.]. Economic Sociology, vol. 16, no 1, pp. 70-80 (in Russian)
BiBTeX
RIS
 
Rambler's Top100 rss