By Editorial Team Last updated: Jan 13, 2022
Discuss the main points of the debate, what stance you take, support that stance, and discuss the opposing argument. Also discuss an ethical theory that would apply to defend your view.
To complete each scenario assignment:
Debate Speaker:
A free market brings buyers and sellers together based on supply and demand for various products. It is an economic mechanism and a neutral one. However the results of marketplace consumerism are not always neutral. The societal impacts of a free market depend upon the ethics that allow or prohibit buying and selling various commodities. Take the sale of ivory, for example; If ivory is bought and sold freely, the demand for ivory will result in the slaughter of thousands of elephants for their tusks. If we find that practice unethical, we can prohibit ivory sales, which will make it more difficult to buy and sell ivory and send a clear message about the ethics of ivory sales. If we condone the presence of reproductive commodities on the market, the market will respond and provide buyers with options. If we prohibit sales, that also sends a message about the ethics.
Dr. Wynn:
The free market is not an appropriate tool for advancing an agenda, and it will not work as one. It is neutral with regard to reproductive rights. Should we meddle with one system in order to address ethics issues in a separate, unrelated system? The market will behave as it behaves, for better or worse.
Dr. Reynolds:
You speak as though the market is entirely beyond control, but that is not the case. We can prohibit or restrict the sale of reproductive commodities such as sperm and eggs and though the market itself is neutral, it can be both harmful and beneficial to society. If cedar wood becomes trendy in home design and decorating, cedar trees may be cut down too quickly to allow areas to recover and regrow. The demand for cedar wood would be directly to blame for the destruction of cedar trees, even if the market itself merely facilitates buying and selling the commodity.
Person in the audience:
Can you give us an example of a technology that utilizes the commodities we’re talking about?
Dr. Wynn:
Most of these technologies address infertility. The most common is in vitro fertilization, or IVF, which was first offered in the United States in 1981. It resulted in the birth of more than 500,000 children between the years of 1985 and 2006. A woman takes fertility drugs to increase her production of eggs, and then a physician retrieves those eggs. Then sperm is mixed with the eggs and fertilization may take place.
Debate Speaker:
Where does the problem arise with the commodities we’re talking about?
Dr. Reynolds:
Assisted reproduction sometimes requires the use of sperm, eggs, or wombs from third parties who are not expected to play a role in raising the resulting children. When third parties become involved and are paid for their time and resources, ethical issues may arise. Also, the costs of these technologies are often prohibitive. Poorer couples dealing with infertility do not have the same options as well-to-do couples.
Dr. Wynn:
So do you propose that we use the free market as an arbiter for ethics based solely on prohibitions and stamps of approval? The market as an economic mechanism was not designed for such arbitrations. It will not serve well in that capacity. We risk losing a human element when we depend on an impartial process to further an ethical goal.
Dr. Wynn’s opinion on the topic of debate –
The marketplace is not where this issue should be regulated.
We should present ethical issues to the public, not try to address them in an unrelated arena.
The free market must remain totally free.
Dr. Reynolds:
The impartiality can work to our advantage. Human beings are still the arbiters; we are simply utilizing an established means to facilitate commerce. For example, we may want to prohibit human cloning, but to encourage in vitro fertilization. We can accomplish both through market regulation. We state cloning dangers by prohibition, whereas subsidies are given to in vitro fertilization, which would amount to that stamp of approval you mention. Both send strong signals, and the market stays the same, already in place, offering choices or blocking access.
Dr Reynold’s opinion on the topic of debate:
The market place is the perfect place to address these issues.
We use market regulation to address ethical concerns all the time.
Consider these responses and choose the one you believe to be most ethical.
Reference
Annual Ethics Symposium. (2021). Evolving Ethics. Free Market Reproduction.
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