This essay offers general observations of the ways in which markets and their major groups of actors have been treated primarily in economic history in the last century. This includes a brief discussion of what Nico Steher refers to as morally coded markets. He displays this in a form of questions pertains in the market the conduct of contemporize advanced societies. This essay also deals with ideas that speak of a fundamental yet gradual transformation of markets in modern societies. By discussing the major social process that accounts for a distinctive trend towards a moralization of European markets. This essay also examines the impact of that globalization has had on the moralization of these markets.

Nico Stehr, in "SOCIOLOGIA DEL LAVORO " 108/2008, pp. 43-54, DOI: