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Commodification and Human Interests
1Melbourne Law School, University of Melbourne, Carlton, Victoria, Australia. julian.koplin@gmail.com.
Journal of Bioethical Inquiry
|May 27, 2018
Summary
This paper examines the moral permissibility of markets in contested commodities. It argues that market boundaries are necessary to protect human interests, rather than based on goods being inherently non-marketable.
Area of Science:
- Moral Philosophy
- Economic Ethics
- Bioethics
Background:
- Markets Without Limits proposes expanding markets to include contested commodities like blood and organs.
- This view suggests moral permissibility for market exchange if possession and non-market exchange are permissible.
Purpose of the Study:
- To clarify the arguments for market boundaries.
- To demonstrate that moral limits to markets exist.
- To counter the claim that certain goods are intrinsically non-marketable.
Main Methods:
- Philosophical analysis of market ethics.
- Critique of libertarian market arguments.
- Examination of the relationship between market norms and human interests.
Main Results:
- The case for market restrictions does not rely on goods being "non-market" by nature.
- Market boundaries are justified by the potential harm to human interests when market norms are applied.
Conclusions:
- Treating certain goods via market norms can threaten the realization of crucial human interests.
- Moral limits to markets are essential for safeguarding human well-being and societal values.
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