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Erschienen in:
2023 | OriginalPaper | Buchkapitel
Analysis on the Difficulty of Controlling Repugnant Markets
verfasst von : Fulin Jiang
Erschienen in: Proceedings of the 6th International Conference on Economic Management and Green Development
Verlag: Springer Nature Singapore
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Abstract
There are quite a few people consider it morally unacceptable to put enslaved people or human organs such as kidneys and wombs on the open market. These are all examples of repugnant transactions that a third party wants to prevent regarding the concept of moral economy. Most governments have taken some actions to deal with this repulsion. This paper illustrates the normative nature of a repugnant market and its possible implications from the perspectives of governments and the public by listing different examples in the real world. The factors affecting citizens’ acceptance of the repugnant market can be concluded as governments’ attitudes, cultural environment, and individual income. Moreover, there are some trade-offs between the unintended consequences resulting from the law and the reduction of the market size.