Is this socio-economic segregation good for democracy

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Reference no: EM133309761

Trust Markets With our Civil Life."

The lecturer argues that "when money comes to govern access to the essentials of the good life-decent healthcare, access to the best education, political voice...the marketization of everything sharpens the sting of inequality and has social and civic consequences. So that's one reason to worry. There's a second reason to worry, and it's this: when market values enter they may change the norms and values of those civic practices." He cites examples of education, the justice system, and political influence. He continues: "Marketizing every aspect of life leads to a condition in which those who are affluent and those who are of modest means increasingly live separate lives: live, work, shop, and play in separate places. Our children are in different schools. This isn't good for democracy."

Question: Is this socio-economic segregation good for democracy? What about the marketization of public institutions like education causing greater socio-economic inequality? Is there a reason for worry? Why or why not?

Reference no: EM133309761

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