Rev. Sirico’s new book is not the only recent entry on the topic of markets and morality (though from comparing reviews, it may be the best). Harvard political philosopher Michael Sandel also examines the subject in What Money Can’t Buy. Unlike his wildly overpraised Justice, though, Sandel’s latest work is getting mixed reviews—even from those who you’d expect to sing his praises.
For instance, Rowan Williams, Archbishop of Canterbury, seems to believe that Sandel missed an opportunity to provide a stronger critique of the “rapidly growing commercialisation of social transactions.” Other reviewers appear to agree, though the real underlying problem, as Greg Forster explains, is that Sandel’s view of markets is inherently flawed: