Posts Tagged ‘ free markets ’

Markets erode moral values (study)

June 15, 2013
By

In a recent study, researches from the University of Bamberg and University of Bonn suggest that they have found causal evidence of the corrupting effects of markets on moral values. The abstract reads as follows: The possibility that market interaction may erode moral values is a long-standing, but controversial, hypothesis in the social sciences, ethics, and philosophy. To date, empirical evidence on decay of moral values through market interaction has been scarce. We present controlled experimental evidence on how market interaction changes how human subjects value harm and damage done to third parties. In the experiment, subjects decide between either…

Read more »

Free Market Health Care: True Stories (by Michael Parenti)

March 6, 2012
By

I recently wrote an article about my personal experiences in dealing with the medical system while undergoing surgery (“Free Market Medicine: A Personal Account”). In response, a number of readers sent me accounts of their own experiences trying to get well in America.  Health care in this country is hailed by conservative boosters as “the best medical system in the world.” It certainly is the most expensive, most profitable, and most complicated system in the world, leaving millions of Americans in shock. None of the people who wrote to me had anything positive to say about the U.S. health system.…

Read more »

Tags

Democracy Now