NPR Marketplace with Harvard's Michael Sandel–When Nearly Everything is Commodified, what is lost?

We wanted to know the costs of all this buying and lusting for more, so we flew to Boston to talk with Harvard professor Michael Sandel. He wrote “What Money Can’t Buy, The Moral Limits of Markets.” It tells the story of how we’ve gone from having a market economy, to being a market society where everything is for sale.

Sandel points out all sorts of ways money has changed the game [of baseball]. One of them, the way corporate sponsorship has worked its way into the very language of the game.

“The insurance company New York Life,” he says, “has a deal with several teams that requires announcers to say the following line whenever there’s a close call at the plate: ‘Safe at home. Safe and secure, New York Life.’”

Read or listen to it all.

print

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Anthropology, Apologetics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Parish Ministry, Personal Finance, Psychology, Stewardship, Theology

One comment on “NPR Marketplace with Harvard's Michael Sandel–When Nearly Everything is Commodified, what is lost?

  1. m+ says:

    [blockquote] “It’s no longer the case that everyone still stands in the same long lines for the restroom, or eats the same pretty inadequate food, and it’s no longer true that when it rains, everyone gets wet,” he says. [/blockquote]
    where has the author been living? the separation between rich and poor has been there since the dawn of time- or at least since the days of Abraham and Moses. I suppose he’s trying to make a case against the so called 1% but I’m just not buying it.