Repugnant Market - Examples

Examples

The repugnance of markets varies according to time and culture. Slavery is a market currently considered repugnant while for much of recorded history it was considered acceptable. Examples of markets considered repugnant at one time or place include:

  • Pregnancy/early childhood
    • Abortion
    • Adoption
    • Egg donation for research purposes
    • Fetal organs and aborted fetal tissue
    • Surrogacy, legal in India and most states in the U.S. (but banned in France and Japan)
  • Drugs & food
    • Advertising tobacco and alcohol
    • Alcohol
    • Cadavers
    • Illegal drug trade
    • Meat of horses or dogs in California
  • Labour
    • Child labor
    • Slavery or indentured servitude
  • Social status/political power
    • Citizenship and/or immigration (Investor visas such as the U.S. E-2 visa are exceptions. Several notable economists have proposed selling citizenship)
    • Education
    • Lobbying
    • Military mercenaries
    • Political corruption activities, such as bribery and influence peddling
    • Vote buying
  • Money/Speculation
    • Currency speculation
    • Gambling
    • Predatory lending, especially mortgage lending
    • Pyramid schemes and multi-level marketing
    • Selling short
    • Ticket touting in sports events and concerts
    • Usury (Has never been allowed by Islam and historically in Christian countries)
  • Economic corruption/media power
    • Payola
    • Product placement in some European countries
    • Radio spectrum
  • Sex
    • Pornography (Repugnant in some countries/cultures, especially paraphiliac pornography)
    • Prostitution
  • Other
    • Certain prediction markets (e.g. 'terrorism futures market')
    • Health Care
    • Organ trade and organ donation from a live donor (Turkey and the Philippines are notable exceptions}
    • Life insurance
    • Real estate in Cuba
    • Real estate broker/agent profession or flipping real estate
    • Metered parking
    • Simony

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    Bernard Mandeville (1670–1733)

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    Michel de Montaigne (1533–1592)