Summary Of Rent Seeking And The Making Of An Unequal...

Ninety- Nine Percent Supporting and Rooting for the One Percent In today’s society, the rich get richer and the poorer get poorer. Why is it that our â€Å"land of opportunity† society is so filled with so much inequality? The poor are often the ones with losses. According to Joseph E. Stiglitz, the author of â€Å" Rent Seeking And The Making Of An Unequal Society†, individuals of society are made to believe that: â€Å"The poor, in this land of opportunity, have only themselves to blame.† Millions of individuals in our society are losing jobs daily, but the one percent of the top class is not losing their jobs. As a result of this inequality, an egocentric and a society filled with inequality has formed. In Robert Thurman’s essay, â€Å"Wisdom†, Thurman claims that a society filled with inequality is formed as a result of giving importance to the self. However this claim can be falsified by comparing it to the text by Martha Stout,  "When I Woke up Tuesday Morning, It Was Friday†. In Martha Stout ‘s text her patient, Julia is extremely successful. Along with her successes Julia does not give much importance to her self. Julia often disassociates from reality is unsure of her self, so she cannot give much importance to her self. Considering this it is accurate to hypothesize that our society filled with inequality is not resulting from individuals giving importance to the self. However , it can be justified to blame the top one percent for the inequality in our nation. The selfish behavior