Market ideology
5 page Essay
Readings: “Mark Zuckerbergâ€s War on Free Will,†by Franklin Foer
“Rent Seeking and the Making of an Unequal Society,†by Joseph Stiglitz from second pdf page 387-412
In paper one we analyzed the effects of pervasive mechanical thinking on users. Stieglitz talks
about market ideology – particularly rent seeking behavior – controlling too much of american
life, arguing, “One of the ways 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.†In Foerâ€s piece, he presents Facebook as a morally unaccountable corporation, with
a potentially disastrous corporate ideology, but doesnâ€t necessarily invoke their profit-drive.
Answer the following questions drawing from both texts with quotation and summary:
Q: How does Facebookâ€s platform and corporate ideology reflect or relate to the “rent-
seeking†practices that Stieglitz outlines?
You should be comfortable with these terms and ideas before writing your paper:
– Wealth transfer
– Rent seeking practices, including rent, monopolies, natural resource sales, and
patents.
– The governmentâ€s role in propagating rent-seeking behavior
– Facebookâ€s influence over society.?
Requirement: focus on one topic idea, find precise qoutes and follow the body paragraph map
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