{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Limits of the Market: Notes on Political Economy \u0026amp; Externalities' data-url='/boclips/videos/5cdb0383c8d53017a025a6b7' data-video-url='/boclips/videos/5cdb0383c8d53017a025a6b7' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nLimits of the Market: Notes on Political Economy \u0026amp; Externalities\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30359961\" href=\"/search?publisher_ids%5B%5D=30359961\"\u003eThen \u0026amp; Now\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eI try and take a fresh perspective on the Limits of the Market primarily through three thinkers: Michael Sandel (What Money Can't Buy: The Moral Limits of the Market), Paul de Grauwe (The Limits of Markets), and Keith Payne (The Broken...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eI try and take a fresh perspective on the Limits of the Market primarily through three thinkers: Michael Sandel (What Money Can't Buy: The Moral Limits of the Market), Paul de Grauwe (The Limits of Markets), and Keith Payne (The Broken Ladder: How Inequality Affects the Way We Think, Live, and Die). I try to synthesise these approaches and draw out one concept - externalities - that can help us think about the relationship between the individual and the collective in new ways. Then \u0026 Now is FAN-FUNDED! Support me on Patreon and pledge as little as $1 per \u003ca href='http://patreon.com/user?u=3517018' target='_blank' rel='nofollow'\u003evideo\u003c/a\u003e Or send me a one-off tip of any amount and help me make more \u003ca href='https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick\u0026hosted_button_id=JJ76W4CZ2A8J2' target='_blank' rel='nofollow'\u003evideos\u003c/a\u003e Buy on Amazon through this link to support the \u003ca href='https://amzn.to/2ykJe6L' target='_blank' rel='nofollow'\u003echannel\u003c/a\u003e Follow me on: \u003ca href='http://fb.me/thethenandnow' target='_blank' rel='nofollow'\u003eFacebook\u003c/a\u003e \u003ca href='https://www.instagram.com/thethenandnow/' target='_blank' rel='nofollow'\u003eInstagram\u003c/a\u003e \u003ca href='https://twitter.com/lewlewwaller' target='_blank' rel='nofollow'\u003eTwitter\u003c/a\u003e Sources: Michael Sandel, What Money Can’t Buy: The Moral Limits of the Market Keith Payne, The Broken Ladder Paul de Grauwe, The Limits of the Markets F.A. Hayek, The Use of Knowledge in Society David Harvey, A Brief History of Neoliberalism Terry Eagleton, Why Marx Was Right Richard Wilkinson, Kate Pickett, The Spirit Level James E. Mahon (2014) Economic Freedom and the Size of Government, Challenge, 57:1, 67-81, DOI: 10.2753/0577-5132570105 J. C. Ott, Government and Happiness in 130 Nations: Good Governance Fosters Higher Level and More Equality of Happiness Claus Thomasberger (2012) The Belief in Economic Determinism, Neoliberalism, and the Significance of Polanyi's Contribution in the Twenty-First Century, International Journal of Political Economy, 41:4, 16-33, DOI: 10.2753/IJP0891-1916410402 Credits: Stock footage provided by Videvo, downloaded \u003ca href='https://www.videvo.net' target='_blank' rel='nofollow'\u003efrom\u003c/a\u003e Michael Sandel Image Fronteiras do Pensamento [CC BY-SA 2.\u003ca href='https://creativecommons.org/licenses/by-sa/2.0)' target='_blank' rel='nofollow'\u003e0 (\u003c/a\u003e] (\u003ca href='https://upload.wikimedia.org/wikipedia/commons/4/4e/Michael_Sandel_no_Fronteiras_do_Pensamento_S%C3%A3o_Paulo_2014_%2814186914648%29.jpg)' target='_blank' rel='nofollow'\u003e\u003c/a\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"4.0 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-regular fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt class=\"educator-rating-title\"\u003eEducator Rating\u003c/dt\u003e\u003cdd\u003e\u003cdiv class=\"educator-rating-details\" data-path=\"/educator_ratings/rrp_data?resourceable_id=86292\u0026amp;resourceable_type=Boclips%3A%3AVideoMetadata\"\u003e\u003cspan class=\"not-yet-rated\"\u003eNot yet Rated\u003c/span\u003e\u003c/div\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eGrade\u003c/dt\u003e\u003cdd title=\"Grade\"\u003e9th - 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