Definitions

repugnant

Repugnant market

A repugnant market is a term used to describe an area of commerce that is considered by society to be outside of the range of market transactions and that bringing this area into the realm of a market would be inherently immoral or uncaring. For example, many people consider a market in human organs to be a repugnant market or the ability to bet on terrorist acts in prediction market to be repugnant. Meanwhile, many people consider lack of such markets to be immoral and uncaring because trade bans (e.g. in organ transplants and terrorism information ) create avoidable human suffering.

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 very lucrative and acceptable. Examples of markets considered repugnant at one time or place include:

References

External links

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