Markets vs Property
A new book sets one of the Right’s favourite ideas against another
Economic View: Diane Coyle
OPINIONS
Half a decade ago Michael Sandel, the political philosopher, struck a chord with his bestseller What Money Can’t Buy: The Moral Limits of Markets. Sandel gave multiple examples of money buying what it ought not: the right to name nursery schools, prison cell upgrades, a fast track through airport security and more. Published while the financial crisis was still fresh in memory and shortly after Occupy Wall Street, Sandel’s argument that the market had gone too far seemed to resonate with the left. But a decade on from the crisis, the verdict that there is too much market is challenged by a book that argues for more—far more.