Value Pluralism and the Ethical Limits of the Market by Elizabeth Anderson

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Value Pluralism and the Ethical Limits of the Market by Elizabeth Anderson

Introduction

Can the full richness of human emotions be reduced to a single concept? Attempting to reduce love or respect to "desires" is like playing a Mahler symphony on a bicycle bell. Elizabeth Anderson, in her theory of value pluralism, warns that a monistic approach—assuming a single measure of good, such as pleasure or utility—cripples our moral imagination. This article analyzes why the world needs a diverse map of values and explores the ethical limits of the market, whose logic increasingly colonizes spheres of life previously free from commerce.

Monism vs. Pluralism: Hierarchy vs. a Multiplicity of Goods

Monism assumes that all goods are quantitative variants of the same value. Anderson argues the opposite: the world is permeated by many types of goods that demand different attitudes—from love to impersonal use. A category error occurs when, for example, friendship is treated like a commodity. Many goods are characterized by hierarchical incommensurability: higher values (dignity, life) cannot be placed on the same scale as money.

In this context, expressive rationality consists of adequately expressing attitudes toward what is valuable. Every action has two goals: a final goal (a specific state of affairs) and an intrinsic good (the value for which we act). For an action to be meaningful, it must account for social norms that publicly define what respect, love, or care mean within a given culture.

Market Norms: Impersonality and Instrumental Exchange

The market is not neutral; it is a regime based on impersonality and the instrumental treatment of parties. Here, the value of goods is reduced to their price and subjective preferences. Problems arise when this logic enters intimate spheres. Commercial surrogacy is ethically flawed because it commodifies the child (treating them as property) and degrades a woman's reproductive labor to a service, forcing control over her emotions.

Market expansion also threatens the autonomy of science, art, and medicine. When profit becomes the primary metric, the internal goals of these institutions—truth, beauty, or health—are displaced by external profitability. These institutions should express respect for excellence rather than a mode of impersonal use that destroys their intrinsic value.

CBA Analysis: The Flawed Reduction of Value to Market Price

Cost-Benefit Analysis (CBA) is a technocratic attempt to price everything, including human life. It utilizes the willingness to pay (WTP) method, which is deeply flawed. Workers' choices regarding risk often stem from economic necessity rather than a free valuation of life. Furthermore, WTP sanctions inequality—the lives of the wealthy "weigh" more in calculations than the lives of the poor.

Such logic degrades the citizen to the role of a consumer, replacing public debate with the "silent voice" of money. The alternative is democratic deliberation. Instead of calculating aggregate utility, we should ask which policies best express our collective respect for dignity and justice. The primacy of argument over the wallet allows for the preservation of value pluralism in public life.

Summary

In a world where everything seems to have a price, can we still recognize what is priceless? The ability to adequately express our values is the last line of defense against the homogenization of human experience. True rationality lies not in cold calculation, but in recognizing that certain goods demand absolute protection from market exchange. Some symphonies simply cannot be played on a bicycle bell—they require the language of respect, love, and civic responsibility.

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Frequently Asked Questions

How does value pluralism differ from monism according to Elizabeth Anderson?
Monism reduces all goods to a single measure, such as pleasure, treating the differences between them as quantitative. Pluralism recognizes that values are qualitatively different and require different attitudes, such as respect or care.
Why is commercial surrogacy ethically objectionable?
According to Anderson, it commodifies the child and women's labor, replacing the norms of parental love with a cold market contract, which leads to objectification and domination.
What are the main disadvantages of cost-benefit analysis (CBA)?
CBA reduces citizens to the role of consumers, values life based on purchasing power (WTP) and ignores the moral density of political goods, which sanctions social inequalities.
What is expressive rationality in action?
It involves expressing appropriate attitudes toward people and things we love or respect. Instrumental goals are secondary to the need to remain faithful to our values.
Why shouldn't the market dominate science and medicine?
Because these institutions have intrinsic goals, such as truth or health, that require an attitude of respect and excellence, not impersonal utility and profit maximization.

Related Questions

Tags: pluralism of values Elizabeth Anderson ethical boundaries of the market expressive rationality commodification value monism hierarchical incomparability cost-benefit analysis CBA higher goods market standards surrogacy instrumental rationality democratic deliberation expression of attitudes