Author Michael Sandel believes the free market economy is crowding out civic values
Economists refer to the free market as the invisible hand. But according to Michael Sandel, it's become more like a scratching claw. Michael Sandel says market ideology has come to shape, mould and influence parts of our lives and societies where it has no proper place. Michael Sandel is a political philosopher at Harvard University whose new book is called What Money Can't Buy: The Moral Limits of Markets and he is our guest today.
Part Three of The Current
What Money Can't Buy: Michael Sandel
Economists refer to the free market as the invisible hand. But according to our next guest, it's become more like a scratching claw. Michael Sandel says market ideology has come to shape, mould and influence parts of our lives and societies where it has no proper place.
And as part of our project, Line in the Sand, looking at the ethical and moral issues that define and complicate our lives, Michael Sandel joins us from Boston.
This segment was produced by The Current's Chris Wodskou.
Last Word - Pazira Promo & Cole Porter
In the days to come on The Current, we'll look at a South African miner's strike that threatens to destabilize the government, Nelofer Pazira slips into Syria to see the effects of the civil war on an average family, and we'll see hear why an odd little reality TV show called Honey Boo Boo may be a sign of the media apocalypse.
We spoke this morning with Michael Sandel about what money can't buy. That, of course, is a perennial theme for song writers and musicians. On today's Last word, Cole Porter's take, covered by artists as different as the Thompson Twins are from Frank Sinatra.
* Due to music rights issues we cannot make this music available OnDemand streaming but here are the links to the two cuts of music in our Last Word:
Other segments from today's show: