Rent Seekers

Superior Essays
If someone or something has the the exclusive possession or control of something, people will call it “monopoly”. Rent seekers are the typical example of monopoly. Professor Joseph Stiglitz states they utilize monopoly to grab wealth from the nation, the middle class, and even the poor in the essay “Rent Seeking and the Making of an Unequal Society”. Besides the rent seekers, originators or an assignee are the beneficiaries of monopoly. American novelist Jonathan Lethem defines the term “usemonopoly” to describe the process of how monopoly works and expresses the idea of plagiarism that can limit the flourishing of culture and creativity; American humanist Susan Faludi argues how the traditions and beliefs, throughout the “usemonopoly”, discriminate …show more content…
In addition, the aggravation of the consolidation of the unbalanced social construction is the another major enabler to provoke the society inequality. Stiglitz describes that “One of the way that those at the top make money is by taking advantage of their market and political power to favor themselves, to increase their own income, at the expense of the rest” (399). The top of the Pyramid can enjoy the valuable and almost unlimited resources; their political power can even amend laws to work for them if they make several illegal transactions, and the top-flight lawyers can set up the complex laws to help their clients to avoid the unauthorized practice of law. They can earn the crowning victory in the amount of wealth without the working a lot. Nonetheless, the function of the top should be the guider. They should apply their resources to find out an appropriate way for human beings to strive to instead of squeezing out the lifeblood of the rest. Ironically, rent seekers only consider the interest of themselves and stimulate the polarity between rich and poor to promote the social inequality. As well, cadets are an another type of the “usemonopoly”. The cadets’ monopoly is not based no money, instead, they use the “usemonopoly” by the discrimination which is caused by the human mentality prone to stereotyping. Faludi expresses that “The masculine traditions of West Point and Annapolis were also closely guarded by their male denizens, but the resistance to women joining their ranks was nowhere near as fierce and filled with doomsday rhetoric as the Citadel’s efforts to repel feminine interlopers” (79). People cannot deny the congenital physical differences between the male and the female. However, contemporary social has realized the importance of gender equality. Unfortunately, the institution still insists on these

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