IDEAS home Printed from https://ideas.repec.org/a/cup/ecnphi/v6y1990i02p179-205_00.html
   My bibliography  Save this article

The Ethical Limitations of the Market

Author

Listed:
  • Anderson, Elizabeth

Abstract

A distinctive feature of modern capitalist societies is the tendency of the market to take over the production, maintenance, and distribution of goods that were previously produced, maintained, and distributed by nonmarket means. Yet, there is a wide range of disagreement regarding the proper extent of the market in providing many goods. Labor has been treated as a commodity since the advent of capitalism, but not without significant and continuing challenges to this arrangement. Other goods whose production for and distribution on the market are currently the subject of dispute include sexual intercourse, human blood, and human body parts such as kidneys. How can we determine which goods are properly subjects of market transactions and which are not? The purpose of this article is to propose a theory of what makes economic goods differ from other kinds of goods, which can help to answer this question.

Suggested Citation

  • Anderson, Elizabeth, 1990. "The Ethical Limitations of the Market," Economics and Philosophy, Cambridge University Press, vol. 6(2), pages 179-205, October.
    • Handle: RePEc:cup:ecnphi:v:6:y:1990:i:02:p:179-205_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0266267100001218/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vida Panitch, 2020. "Liberalism, commodification, and justice," Politics, Philosophy & Economics, , vol. 19(1), pages 62-82, February.
    2. Antoci, Angelo & Sacco, Pier Luigi & Vanin, Paolo, 2007. "Social capital accumulation and the evolution of social participation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(1), pages 128-143, February.
    3. Crocker, Thomas D. & Shogren, Jason F. & Turner, Paul R., 1998. "Incomplete beliefs and nonmarket valuation," Resource and Energy Economics, Elsevier, vol. 20(2), pages 139-162, June.
    4. Agee, Mark D. & Crocker, Thomas D., 2013. "Operationalizing the capability approach to assessing well-being," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 46(C), pages 80-86.
    5. Kapetaniou, Chrystalla & Lee, Soo Hee, 2017. "A framework for assessing the performance of universities: The case of Cyprus," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 169-180.
    6. Beckert, Jens, 2011. "Die Sittlichkeit der Wirtschaft: Von Effizienz- und Differenzierungstheorien zu einer Theorie wirtschaftlicher Felder," MPIfG Working Paper 11/8, Max Planck Institute for the Study of Societies.
    7. Pillutla, Madan M. & Chen, Xiao-Ping, 1999. "Social Norms and Cooperation in Social Dilemmas: The Effects of Context and Feedback, , ," Organizational Behavior and Human Decision Processes, Elsevier, vol. 78(2), pages 81-103, May.
    8. Luis Francisco Carvalho & Joao Rodrigues, 2006. "On markets and morality: Revisiting Fred Hirsch," Review of Social Economy, Taylor & Francis Journals, vol. 64(3), pages 331-348.
    9. Antoci, Angelo & Sacco, Pier Luigi & Vanin, Paolo, 2001. "Economic Growth and Social Poverty: The Evolution of Social Participation," Bonn Econ Discussion Papers 13/2001, University of Bonn, Bonn Graduate School of Economics (BGSE).
    10. Pies, Ingo, 2020. "Das Moralparadoxon der Moderne: Ordonomische Überlegungen zur modernen Ethik als Ethik der Moderne," Discussion Papers 2020-01, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    11. Eriksson, Ralf, 2005. "On the ethics of environmental economics as seen from textbooks," Ecological Economics, Elsevier, vol. 52(4), pages 421-435, March.
    12. Steen Thomsen, 2001. "Business Ethics as Corporate Governance," European Journal of Law and Economics, Springer, vol. 11(2), pages 153-164, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:ecnphi:v:6:y:1990:i:02:p:179-205_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/eap .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.