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Michael Sandel: Why we shouldn't trust markets with our civic life
ABOUT THE SPEAKERMichael Sandel - Political philosopher
Michael Sandel teaches political philosophy at Harvard, exploring some of the most hotly contested moral and political issues of our time.
Why you should listen
Michael Sandel is one of the best known American public intellectuals. The London Observer calls him "one of the most popular teachers in the world" and indeed his lectures at Harvard draw thousands of students eager to discuss big questions of modern political life: bioethics, torture, rights versus responsibilities, the value we put on things. Sandel's class is a primer on thinking through the hard choices we face as citizens. The course has been turned into a public TV series with companion website and book:Justice: What's the Right Thing to Do? In his newest book,What Money Can't Buy, he challenges the idea that markets are morally neutral.
"To understand the importance of his purpose," a Guardian reviewer wrote of the book, "you first have to grasp the full extent of the triumph achieved by market thinking in economics, and the extent to which thinking has spread to other domains. This school sees economics as a discipline that has nothing to do with morality, and is instead the study of incentives, considered in an ethical vacuum. Sandel's book is, in its calm way, an all-out assault on that idea, and on the influential doctrine that the economic approach to "utility maximization" explains all human behavior. "
Read more about his thinking on markets and morality: "Lunch with Michael Sandel" on FT.com >>
Michael Sandel | Speaker | TED.com
Michael Sandel teaches political philosophy at Harvard, exploring some of the most hotly contested moral and political issues of our time. Full bio
Double-click the English transcript below to play the video.
need to rethink together:
You don't like
how much does that cost?
It is a prison!
in front of the most popular attractions
can you pay more,
to get to the snake.
or VIP tickets.
in long lines,
such negotiations are
are there companies
who need a job
to stand in line
just before the negotiation begins,
at the beginning of the line
of market mechanism
how we fight wars.
in Iraq and Afghanistan
gave on the ground
to private companies
A market economy is a tool
in the market thinking
Family life, health, education,
or the lack of wealth.
what money would determine
expensive vacations or BMWs,
don't matter very much.
of a good life rules,
Access to the best education,
and influence in campaigns -
and habits could
of market mechanisms,
and hear what you think of it.
with the challenge
hard to learn
and to strive.
proposed a market solution:
to offer if they have good grades
in Washington, D.C.
To give 50 dollars for an one
the eight year old
that they read.
think about it here.
be at the top of a large school system,
with this suggestion towards you.
They provide the funds.
Pay from your budget.
to try it out?
at least worth a try
Raise your hand.
simply destroys the inner motivation,
if you like to read,
by paying them
: To get to know the.
HM: Getting to know the world.
to pay them, what happens then?
whether there is a proponent
so why not
and measure the results?
What would you measure
has stopped paying.
is a very American method.
to scare away the deeper motivation,
that we hope to convey
how does that work
teach the wrong lesson
later from these children?
what happened to these experiments.
had very mixed results,
did not lead to better grades.
that these children read more books.
that they read shorter books.
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