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Morality

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Do markets make people moral?

source Financial Times

All this sounds pretty good for the Montesquieus of the world. But the researchers had another result. Greater market access did seem to weaken family-based co-operation, lowering the share of vulnerable people including orphans, people with disabilities and the elderly being looked after by relatives at home. So if you were looking for a simple answer, sorry. The study supports both sides’ view of markets — they make it…

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MarketsMoralityCapitalism 4 threads →