SOSC 2340 Lecture Notes - Lecture 2: Price Gouging, Michael J. Sandel, Natural Disaster
Document Summary
Page 5 attorney general crist opposition to price gouging. Page 7&8 the virtue argument against price gouging. Welfare of society is not served by unreasonably price in hard times. By punishing greedy behavior rather than rewarding it, society affirms the civic virtue of shared sacrifice for common good. A good society depends on the attitudes and dispositions, qualities of characters. The virtue argument by contrast rest on judgement that greed is a vice that state should discourage. Summer 2004 hurricane charley started in gulf of mexico to florida to atlantic ocean. Caused price gouging