The future of the free market

The future of the free market

THE QUESTION: Explain the author argument, and then draw a conclusion and support points for what side you choose. (might find some direct quote of Sandal’s argument,
because we cannot phrase the best meaning anymore)+++IN CHAPTER 15 of Honest Work. Third Edition book., selected authors have asserted two broad-based threats posed by
laissez-faire capitalism. The readings from Marx and Veblen express a threat to “the good life” from the commodity fetishism and pecuniary emulation that laissez-faire
capitalism produces. Secondly, the readings from Kuttner and Reich express a threat to our democratic political institutions arising from the activity and products of
laissez-faire capitalism.+++EXPLAIN these two broad-based threats. Given the promise of prosperity that laissez-faire capitalism offers, as expressed in our reading
from Smith, Mill and Keynes, do the two threats justify any restriction on, or qualification to, our adherence to laissez-faire capitalism? +++DOES Michael Sandel’s
argument – from his exposition in What Money Can’t Buy book, provide a more compelling justification for some restriction on, or qualification to, our adherence to
laissez-faire capitalism? In particular, do his corruption and unfairness objections to our contemporary market society highlight a more pressing concern than either
of the two above-mentioned, broad-based threats?
Explain why or why not.I don’t have The Book: What Money Can’t Buy The Moral Limits of Markets. Michael J. Sandel. Farrar, Straus and Giroux:2012. ISBN 978-0-374-
20303-0. But I believe there is a online free version of it.I will provide the PDF file for For Chapter 15 in the Book: Honest Work. Third Edition. Joanne B. Ciulla,
Clancy Martin, Robert C. Solomon. OUP: 2014. ISBN 978-0-19-994420-0.I also provide Power-point lecture slide and notes from class about some important idea. Please try
to understand it and stick the main idea while reading the book.

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