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Charting the Course - Values for Navigating Life in the Marketplace (Paperback)
Loot Price: R344
Discovery Miles 3 440
You Save: R68
(17%)
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Charting the Course - Values for Navigating Life in the Marketplace (Paperback)
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List price R412
Loot Price R344
Discovery Miles 3 440
You Save R68 (17%)
Expected to ship within 10 - 15 working days
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Why is it that the same economic forces that produce good things
for us like penicillin and housing are just as effective at
bringing us things like pornography and heroin? How can the same
systems of production generate such a wide array of good and bad
outcomes? Markets are morally neutral. But people are not. Markets
recognize no moral difference between good and evil. Markets don't
inherently recognize any values other than those brought by men and
women to the marketplace each and every day. At the core of the
market system is a concept of value that says things are worth what
I, the individual, say they are worth. We can have a deep respect
for the power of markets to efficiently and effectively produce
goods and services that increase society's standard of living. But
should we uncritically embrace a system that has as its most
foundational principle, a concept of value that is so intensely
humanistic, egocentric and relativistic? There is a way forward.
While it is true that markets have no values, they are wonderful
mirrors for reflecting the values that people bring to the
marketplace each and every day. If people bring the right values,
then markets will produce the right outcomes. People from all walks
of life have a shared vision for the economic world in which they
want to live. We do know what is right. The task before us is to
take what we know and apply these practical principles in daily
economic life.
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