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      Do Markets Corrupt Our Morals?

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      SKU 9783030184155 Categories ,
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      The most damning criticism of markets is that they are morally corrupting. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies.

      The most damning criticism of markets is that they are morally corr...

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      Description

      Product ID:9783030184155
      Product Form:Paperback / softback
      Country of Manufacture:CH
      Title:Do Markets Corrupt Our Morals?
      Authors:Author: Ginny Seung Choi, Virgil Henry Storr
      Page Count:281
      Subjects:Macroeconomics, Macroeconomics, Economic growth, Economic systems and structures, Business ethics and social responsibility, Consumer advice, Economic growth, Economic systems & structures, Business ethics & social responsibility, Consumer advice
      Description:Select Guide Rating
      The most damning criticism of markets is that they are morally corrupting. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies.

      The most damning criticism of markets is that they are morally corrupting. As we increasingly engage in market activity, the more likely we are to become selfish, corrupt, rapacious and debased. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies.


      This book explores whether or not engaging in market activities is morally corrupting. Storr and Choi demonstrate that people in market societies are wealthier, healthier, happier and better connected than those in societies where markets are more restricted. More provocatively, they explain that successful markets require and produce virtuous participants. Markets serve as moral spaces that both rely on and reward their participants for being virtuous. Rather than harming individuals morally, the market is an arena where individuals are encouraged to be their best moral selves. Do Markets Corrupt Our Morals? invites us to reassess the claim that markets corrupt our morals.


      Imprint Name:Springer Nature Switzerland AG
      Publisher Name:Springer Nature Switzerland AG
      Country of Publication:GB
      Publishing Date:2019-08-24

      Additional information

      Weight458 g
      Dimensions237 × 157 × 17 mm