Markets and Society

Market and Society Adam Smith described the free market system as a self-regulating mechanism within his famous work "Wealth of the State" to maximize social wealth and happiness. Indeed, since Adam Smith, the free market was a very successful system to improve society. This may be due to an increase in overall wealth, innovation, and effective resource allocation. Unfortunately, the market system also had many drawbacks, but the most important thing is inequality and opportunities inequality arising from the system.

"Over the past 30 years, we have experienced a quiet revolution, we have hardly noticed from market economy to market society, almost all of the market society is sold, this is a way of life and the market. "At the TED's speech, Sandel kept saying that this idea is dangerous because it is dangerous because it is strengthening the feelings of inequality and its social and civic influence." "I agree, he also said that social goods (education, personal relations, medical care, community relations, etc.) are adversely affected when market thinking enters its function and presence.

Professor Michael Sandell of Harvard University, when talking about "a society with markets", caught the essence of the problem and became a "market society". The nation and civil society should positively socialize and humanize the economy, but the government allows the market to gradually save social inhumanization. In a wonderful review of Ron Williams 'Michael Sundel' Money can not buy prospective customers ', he pointed out that Sandell' s premise of overmarketing criticism is as follows:

Each civil society organization has its own purpose. Their marketing is designed to extract from your particular product and blame you for a specific desire. In addition, all of your actions in this market-based civil society are defense against their prevention, so these are not free actions. A legitimate family is a space that does not obey the provisions of accepted treaties nor is plundered by market-based civil society. Family freedom occurs in the form of joint decisions, including property rights and morality. Families are direct matches and there is no need to withdraw their necessity from clans, castes, relatives etc, so common decisions are expressed in legitimate families. Conversely, in legitimate families, each spouse jointly decides a common goal. Another spouse, the result is illegal, it is determined by the agreement received, and the end is legal for each spouse to use it as a family common object.