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A renowned political philosopher rethinks the role that markets and money should play in our society

Should we pay children to read books or to get good grades? Should we put a price on human life to decide how much pollution to allow? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to immigrants willing to pay?

In his New York Times bestseller What Money Can’t Buy, Michael J. Sandel takes up one of the biggest ethical questions of our time: Isn’t there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don’t belong? What are the moral limits of markets?

In recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society.

In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can’t Buy, he provokes a debate that’s been missing in our market-driven age: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?

Michael J. Sandel is the Anne T. and Robert M. Bass Professor of Government at Harvard University. His legendary 'Justice' course is the first Harvard course made freely available online (www.JusticeHarvard.org) and on television. Hiss work has been translated into 15 languages and been the subject of television series in the U.K., the U.S., Japan, South Korea, Sweden, and the Middle East. He has delivered the Tanner Lectures at Oxford and been a visiting professor at the Sorbonne, Paris. In 2010, China Newsweek named him the "most influential foreign figure of the year" in China. Sandel was the 2009 BBC Reith Lecturer, and his most recent book Justice is an international bestseller.

Introduction: Markets and Morals Market Triumphalism
Everything for Sale
The Role of Markets
Our Rancorous Politics 3
1 Jumping the Queue: Airports, Amusement Parks, Car Pool Lanes
Hired Line Standers
Ticket Scalpers
Concierge Doctors
Markets Versus Queues
Yosemite Campsites
Papal Masses
Springsteen Concerts 17
2 Incentives: Cash for Sterilization
The Economic Approach to Life
Paying Kids for Good Grades
Bribes to Lose Weight
Selling the Right to Immigrate
A Market in Refugees
Speeding Tickets and Subway Cheats
Tradable Procreation Permits
Tradable Pollution Permits
Carbon Offsets
Paying to Kill an Endangered Rhino
Ethics and Economics 43
3 How Markets Crowd Out Morals: Hired Friends
Bought Apologies and Wedding Toasts
The Case Against Gifts
Auctioning College Admission
Coercion and Corruption
Nuclear Waste Sites
Donation Days and Day-Care Pickups
Blood for Sale
Economizing Love 93
4 Markets in Life and Death: Janitors Insurance
Betting on Death
Internet Death Pools
Insurance Versus Gambling
The Terrorism Futures Market
The Lives of Strangers
Death Bonds 131
5 Naming Rights: Autographs for Sale
Corporate-Sponsored Home Runs
Luxury Skyboxes
Moneyball
Bathroom Advertising
Ads in Books
Body Billboards
Branding the Public Square
Branded Lifeguards and Nature Trails
Police Cars and Fire Hydrants
Commercials in the Classroom
Ads in Jails
The Skyboxification of Everyday Life 163
Notes 207
Acknowledgments 233
Index 237
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