— Overview
The notes stay with queue-jumping and the reach of the market, and they stop before a later table. The author is not named.
— Contents and key concepts
Faith in a market, and 2008
In a capitalist society, the notes begin, there is almost nothing that cannot be bought with money. After the Cold War, market-centred thinking gradually widened its reach, and until the financial crisis that began in the United States in 2008, faith in the market appeared very solid.
That crisis, they write, shook the old faith completely. The danger in the market rose, and acted in several fields at once, until an ethical dilemma of the market itself began to appear. People named greed as the cause, but that was only part of the problem.
Selling the right to jump a queue
As many values that had not been traded began to be traded, the market’s old limits started to fall, and even things that should not be bought with money entered the market. Health and education, public safety, national security, the justice system, the environment and leisure — things once treated as social capital — were drawn into market logic, and the mood of taking that as natural spread, until an age of buying almost anything had been entered.
The sale of a right to jump the queue, a transaction cost placed on time, is taken as the most representative case for understanding that age. A priority pass for getting through airport security, or Lexus lanes, are named as instances in which time is priced in order to ease inefficiency in the course of securing a good or a service.
Where the notes leave the book
The author is not named in this stretch. The notes leave the argument at the queue and at the market’s widened reach, before a later table of other cases.
The same Korean report, written out more fully, is on CampusDown.
Sources
- The notes, a student reading of a book on selling the right to jump a queue. The author is not named in this unique.
Last updated: 15 November 2026
Frequently asked questions
How do the notes describe the years before 2008?
After the Cold War, market-centred thinking widened its reach, and until the financial crisis that began in the United States in 2008, faith in the market seemed very solid. People named the market’s greed as a cause, but that, they write, was only part of the problem.
What example do they take as typical of an age of buying almost anything?
The sale of a right to jump the queue — a transaction cost placed on time. A priority pass for airport security, or Lexus lanes, are named as cases in which time is priced in order to ease inefficiency in securing a good or a service. Health, education, public safety, national security, the justice system, the environment and leisure, once treated as social capital, have also been drawn into market logic.
Where do they stop?
The author is not named in this unique. The notes stop before a later table on other cases.
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