Economics Dictionary of Arguments

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Exchange: In barter trade, the simplest form of exchange, goods or services are exchanged directly for one another without using a medium of exchange such as money. See also Economy, Trade, Markets.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Michael Sandel on Exchange - Dictionary of Arguments

Mause I 180
Exchange/Sandel: SandelVsEconomization of areas of life: 1. Market exchange violates fairness, or is associated with coercion.
Market Exchange/Sandel: 2. Market exchange leads to degradation or corruption of the parties. The moral ideal here is the immaterial meaning of goods - their dignity. Market exchange damages, displaces or destroys valuable attitudes, standards or obligations in such cases. The only way to remedy this situation is not to introduce fair negotiating conditions, but to refrain from market exchange itself.(1)
>Coercion
, >Markets.

1. Michael Sandel, Was man für Geld nicht kaufen kann: Die moralischen Grenzen des Marktes. Berlin 2012. S. 138-140

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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Sand I
Michael Sandel
The Procedural Republic and the Unencumbered Self 1984

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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