Do markets erode moral values Do markets erode moral valuesS

Solution

Marekets affects moral values as their are many examples we can consider, for instance many people take stand against child labor, exploitations done to the worforce, cruelty against animals for meat etc. Therefore its a long lasting, debatable topic. It also depends on what kind of market it is individual, bilateral or multilateral.

Many researches and studies shows that when there is only one party then that particular party get more guilt while in bilateral market the guilt is shared so it diminishes and in multilateral market the percentage of eroding moral values are much higher than that in bilateral and individual. In markets, many people ignore their own ethics, morals, rules etc