The idea of “what money can’t buy” was brought up by Michael J. Sandel, a
renowned political philosopher who rethinks the role that markets and money should play
in our society. In his book, Michael J. Sandel takes up one of the biggest ethical questions
of our time: how we want to live together. Do we want a society where everything is up
for sale? Or are there certain moral and civic goods that markets do not honor and money
cannot buy? In Sandel’s book, he pointed out market values have crowded out non-
market norms in almost every aspect of life in recent decades.1 He argues, we’ve drifted
almost without realizing it from having a market economy to becoming market societies.
Sandel explained the difference between market economy and market society is: A
market economy is a tool, a valuable and effective tool, for organizing productive
activity, but a market society is a place where almost everything is up for sale2.
Furthermore, from the book of What Money Can’t Buy: The Moral Limits of Markets,3 he
explained Why we shouldn’t trust markets with our civic life. He thought money caused
two consequences, one is inequity, and the other one is warped significance which means
immorality. After read his book, I start to realize market logic and market values begin to
dominate every aspect of life, such as health, education, politics, personal relations, civic
life. Market is no longer being a tool that we use to make value, but it becomes our
lifestyle. In my point of view, I don’t support a society that almost everything up for sale.
And what I suppose is that we need market economy, but not market society.
Money Provide Convenience
1 Sandel, Michael J. What Money Can’t Buy: The Moral Limits of Markets. New York: Farrar, Straus and Giroux, 2012.
2 Sandel, Michael J. What Money Can’t Buy: The Moral Limits of Markets. New York: Farrar, Straus and Giroux, 2012.
3 Sandel, Michael J. What Money Can’t Buy: The Moral Limits of Markets. New York: Farrar, Straus and Giroux, 2012.