Saved by sari
Mark Carney on how the economy must yield to human values
Burniske warns, "Markets are a powerful technology that is meant to serve society's virtues, but markets are dangerous as a virtue system in-and-of themselves. If we continue to allow markets to dictate our virtues, we will perpetuate a society that the majority now whisper is selfish, divisive, imbalanced - threatening, even." With everything in o... See more
Sam McCarthy • Governance as a Source of Value
‘As markets reach into spheres of life traditionally governed by nonmarket norms, the notion that markets don’t touch or taint the goods they exchange becomes increasingly implausible,’ warns Sandel. ‘Markets are not mere mechanisms; they embody certain values. And sometimes, market values crowd out nonmarket norms worth caring about.’53
Kate Raworth • Doughnut Economics: The must-read book that redefines economics for a world in crisis
We’ve allowed the “market” to define what we value so that the redefined common good seems to depend on profligate lifestyles that enrich the sellers while impoverishing the soul and the earth.