Informative Essay On The Sale Of Organ Transplants

1741 Words7 Pages

Many people in the major Western economies subscribe to free market ideology which claims that institutional oversight of the market is unnecessary - it is an economic system based solely on demand and supply with little or no government regulation whereby the seller and the purchaser transact freely. However, in a capitalist system which is based on ownership of the factors of production and competition between companies and owners, where private owners are aiming on how to generate profit, certain transactions can be characterized as ‘repugnant if some people want to engage in it, and others do not think they should be allowed to.’(Roth, 2007) This essay will firstly provide an informative description on the current situation on the sale …show more content…

Congress passed the National Organ Transplant Act (NOTA) to regulate and help organize the growing field or organ transplants (U.S.Congress 1984), which laid out the requirements to organize a qualified organ procurement agency, the requirements to join the organ procurement and transplantation network, accounting practices within the organ procurement and transplantation organizations, and prohibited the purchase of organs or …show more content…

Banning transaction like these ones it could affect the economy in a drastic way. It makes sense because "a higher organ supply would also produce financial benefits; for example a kidney transplant saves about $250,000 in dialysis costs"(Matas and Schnitzler 2003). H. Barry Jacobs set the starting point for the sales of human organs. He created a company with a different perspective from the other entrepreneurs. Instead of getting the organs after the death of the patient he proposed to get the kidneys from healthy live donors that want to sell them. (Regulating the Sale of Human Organs). To analyse further a good example could be by Robert Berman of the Orthodox Jewish Halachic ‘the choice before us in not between buying or not buying organs. This is happening regardless of the law. The choice is whether transplant operations and the sale of organs will be regulated or not.’(R. Berman,