Jump to ContentJump to Main Navigation
Why Some Things Should Not Be for SaleThe Moral Limits of Markets$
Users without a subscription are not able to see the full content.

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

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 17 October 2018

Voluntary Slavery and the Limits of the Market

Voluntary Slavery and the Limits of the Market

(p.171) 8 Voluntary Slavery and the Limits of the Market
Why Some Things Should Not Be for Sale

Debra Satz (Contributor Webpage)

Oxford University Press

This chapter examines the ways that two different frameworks with different underlying normative assumptions view the phenomenon of bonded labor: libertarian laissez faire theory and Paretian welfare economics. Libertarians believe that consensual agreements between competent adults should be respected. Paretians endorse exchanges that leave both parties better off in terms of their preferences. Each theory gives us reasons for endorsing many if not most instances of the practice of bonded labor, reasons that are intuitively plausible. But each theory also ignores or dismisses other considerations–such as those raised in earlier chapters‐‐that might lead us to view these very same instances of labor bondage more critically.

Keywords:   bonded labor, credit markets, libertarianism, Paretianism, externality, endogeneity, human bondage

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .