Do Markets Corrupt Our Morals?

• Main Authors: Storr, Virgil Henry (Author, http://id.loc.gov/vocabulary/relators/aut), Choi, Ginny Seung (http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2019.
• Edition: 1st ed. 2019.
• Subjects: Economics.; Economic policy.; Macroeconomics.; Economic growth.; Business ethics.; Popular Science in Economics.; Political Economy/Economic Systems.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Growth.; Business Ethics.

The most damning criticism of markets is that they are morally corrupting. As we increasingly engage in market activity, the more likely we are to become selfish, corrupt, rapacious and debased. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with li...