Summary Of Michael Sandel's 'What Money Can T Buy'

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In Chapter Four of What Money Can't Buy, Michael Sandel analyzes the market in life and death. Sandel provides evidence of how the markets impact a person's life. In this chapter, Sandel argues that life and death become an object of money. The two issues Sandel brings in this chapter are, Janitor's Insurance and Victicals. Sandel purpose is that trying to persuade people who think that markets are always a great thing. Sandel makes a strong argument against Janitor’s insurance and viatical insurance using his credibility as a Harvard professor, credible sources, using facts, statistics,and appealing to readers emotions. Sandel uses many strong sources that strengthen his credibility and appeal to ethos, as well as build his argument; …show more content…
and Robert M. Bass Professor of Government at Harvard University. He has published many of articles and books.“His writing have been translated into eighteen languages” (qtd.in Sandel). Citing these sources improve Sandel’s credibility by showing that he has done so much work and has provided reviews to accomplish his desire, like he is trying to change the society we live where almost everything is can be bought and sold. In chapter four Sandel wonders why life and death have become the object of money. Sandel indicated in this moment that the person of life is priceless. Sandel uses the “Wall street Journal” and “New York Time” to build his credibility. This source provided fact and statistics as well as expert opinions. Adding to Sandals ethos appeals, Sandel uses strong appeals to logos, with fact and statistics. Sandel point out fact about the Janitors Insurance. The first of Sandel's argument is that what is moral objection of janitor insurance and how is it compelling. Compare to Mrs. Rice when she learn the policy she sued “Wal-Mart in federal court, claiming that the money should go to the family, not to the company” (Sandel 131). This proves that the company was taking out life insurance on the peoples who works in the company. Also demonstrates that the the money …show more content…
Sandel discuss that about the differences and similarities of viatical and insurance company. Sandel deeply argues that since the consent of the insured is build from the start viaticals seems better than janitor insurance. Viaticals are investments that amount to be a death bet, but they are not the only one that twine our mortality to commodity. The life insurance business also turn our morality into commodity. Sandel quotes, “suppose someone with a $100,000 life insurance policy is told by his doctor that he has only a year to live. And suppose he needs money now for medical care, or perhaps simply to live well in the short time he has remaining(pg.136)”. This shows that the investor must hope that the person whole life insurance he buys dies sooner because if they live longer then that day the company will lose money. The critical difference is that in life insurance the company is betting for person that it’s selling the cover to. That also means the longer the insurance buyer gives the more money the insurance company makes, but viaticals are always looking forward that someone who has their coverage dies sooner or later. Another example sandel states,“ I have never felt like anybody wanted me dead before,” said Morrison. They kept sending me these FedExes and calling. It was like,’Are you still alive?(pg.138)”. This indicate that the

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