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Why Some Things Should Not Be for SaleThe Moral Limits of Markets$
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Debra Satz

Print publication date: 2010

Print ISBN-13: 9780195311594

Published to Oxford Scholarship Online: September 2010

DOI: 10.1093/acprof:oso/9780195311594.001.0001

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Noxious Markets

Noxious Markets

Chapter:
(p.91) 4 Noxious Markets
Source:
Why Some Things Should Not Be for Sale
Author(s):

Debra Satz (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195311594.003.0004

What is wrong with markets in everything? What is it about the nature of particular exchanges that concerns us, to the point that markets in some goods appear to be clearly undesirable? These are the difficult but important questions that this chapter attempts to answer. The author argues that noxious markets can be analyzed in terms of four parameters: weak agency, harm to individuals, harm to society, and vulnerability.

Keywords:   noxious markets, weak agency, harm to individuals, harm to society, T.H. Marshall, citizenship, vulnerability

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