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“The most fateful change that unfolded during the past three decades was not an increase in greed. It was the expansion of markets, and of market values, into spheres of life where they don’t belong.” quote by Michael Sandel
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“The most fateful change that unfolded during the past three decades was not an increase in greed. It was the expansion of markets, and of market values, into spheres of life where they don’t belong.”

Michael Sandel

About This Quote

Source Lecture: Justice and Market Ethics, Harvard, 2010

The biggest shift in recent decades is not greed but markets invading areas where they don’t belong.

In simple terms: Markets expanding into non‑market realms.

Key Takeaway

Question market limits.

Themes

ethics economics social values

Mood

critical thought‑provoking

Type

philosophical ethical

When to use this quote

  • healthcare
  • education
  • environment
  • personal relationships

Key Concepts

market expansion value commodification public good

Questions to Reflect On

  • What should stay outside market logic?
  • How do we protect non‑market values?
A Different Perspective

Market solutions may ignore moral considerations.

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