There's no necessary connection between maximizing social utility or economic wealth and creating a flourishing democracy. The first does not guarantee the second. The only way to create a flourishing democracy is to find ways to reason together about the big questions, including hard questions about justice and the common good, to reason together about these questions so that we as citizens can decide how to shape the forces that govern our lives.
Michael SandelI think very often when we think we are aiming at the best for our children, what we are really doing is trying to position them for competitive success in an intensely driven kind of society. I'm not sure that always leads to the good life or to happiness.
Michael SandelIf you go back to Adam Smith, you find the idea that markets and market forces operate as an invisible hand. This is the traditional laissez-faire market idea. But today, when economics is increasingly defined as the science of incentive, it becomes clear that the use of incentives involves quite active intervention, either by an economist or a policy maker, in using financial inducements to motivate behavior. In fact, so much though that we now almost take for granted that incentives are central to the subject of economics.
Michael SandelWhether you're a libertarian liberal or a more egalitarian liberal, the idea is that justice means being non-judgmental with respect to the preferences people bring to public life.
Michael Sandel