Does market economy have any place for poor people and for human values - love, sacrifice, morality,character?

[Eric]

The fact of the matter is that the we have no better way of resource allocation that the market. The basis of markets is underpinned by the concept of utility maximisation. The markets are reflecting values system and our social setup. The problem is not the market, the market is great. The problem is us. Our greed, the things we want and how much we are willing to compete for them. It is not perfect, it never will be in the absence of perfect information, but it is the best thing that we have. The detriment to the environment is why people are trying to produce things like carbon emissions trading schemes so that these negative externalities can be priced.

I also think it is a little harsh to generalise every profit seeking business as bereft of honesty morality and character.