There are values of humanity, culture, beauty, community that may require deviations from the cold logic of market theory.
Sentiment: NEGATIVE
People are realistic enough to appreciate what the market values of different people are.
The cold, commercial word 'market' disguises its human character - a market is a collection of our aspirations, exertions, choices and desires.
One of the appeals of markets, as a public philosophy, is they seem to spare us the need to engage in public arguments about the meaning of goods. So markets seem to enable us to be non-judgmental about values. But I think that's a mistake.
A society is not a market. It is a political community.
I don't think anybody's really been successful with theorizing about value or creating a price theory.
Everybody has values. Now, you know it may be formed in a secular setting, it may be formed in an intellectual setting, but everybody comes forward with values.
I think every market has lot of things in common, and at the same time, every market has lot of different things.
Values unrelated to modern reality are not just electorally hopeless, the values themselves become devalued. They have no purchase on the real world.
We live in a society and a culture and an economic model that tries to make everything look right.
The market doesn't make communities. Markets make networks of self-interested individuals, and they work as long as there's more than enough to go around.