Markets and Dignity: The Essential Link (With an Application to Health Care)
ACCEPTING THE INVISIBLE HAND: MARKET-BASED APPROACH TO SOCIAL-ECONOMIC PROBLEMS, Mark D. White, ed., Palgrave Macmillan, 2010
29 Pages Posted: 12 Apr 2010
Date Written: April 12, 2010
In this chapter, I argue that the market is the institutional embodiment of human dignity, especially respect for dignity between relatively anonymous persons engaged in commerce. I explain Immanuel Kant's conception of dignity, discuss how it relates to the market, and then offer an application to health care.
Keywords: Market, ethics, Immanuel Kant, dignity, health care
JEL Classification: A13, D63, I11
Suggested Citation: Suggested Citation