Analysis Of If I Rule The World Sandel

Michael Sandel in his article about “if I rule the world” says that if he gets the chance to rule the world, he would rewrite all economic text books for a better civic life. He speaks about how economic teachings are hard to resist and can be immoral, economic efficiency says that a person with greatest willingness to pay defines the common good, which is not right according to him. Moreover, let’s go into free market section where there is buying and selling of goods, but buying and selling of kidneys for example might not be a free choice as he or she must be selling the kidney for his basic needs, so due to their desperate conditions they make decisions. So every exchange is not necessarily desirable. The second limitation to market reasoning

So basically he thinks that our mind and imagination is somehow controlled by economics which he wants to change so that we think logically. Even in our everyday life, economic presents itself as a value human science of human behavior, we accept this way of thinking and apply to our everyday life even while making decisions and in social relations but it can lead to many disclosure in human lives. So the first step in how to revise the textbook will be ceasing to support on the claim which says that economic is a free standing, value neutral sciences and reconnect it with it’s origin of moral and political philosophy where people such as Adam Smith, Karl Max and John Stuart Mill made rightly conceived economics as morally right but however in the 20th century , eventually economists started getting away from its core tradition and meaning and started defining it as autonomous discipline and started concentrating more on social