Annotated Bibliography

Freedom for all leads to oppression for the lower class

Stiglitz, J. Rent Seeking and the Making of an Unequal Society. The New Humanities Reader. 5th ed. Stamford, CT: Cengage, 2015. 394-417. Print.

Stiglitz shows how corporations and the financial elite utilize their power to take money from the rest of society. He also mentions the use of lobbying as a strategy to persuade the government to make policies that favor the profitability of the company. This causes the government to prioritize the goals of corporations over the needs and wants of the American people. Here the voices of the Corporations drown out the voices of the general populous

Lethem, J. The Ecstasy of Plagiarism: A Plagiarism. The New Humanities Reader. 5th ed. Stamford, CT: Cengage, 2015. 210-234. Print.

Lethem talks about stratification of the creative world into elites and common people. Elites can draw inspiration from various sources yet once they attain copyright, they prevent the next generation of innovators from doing the same. In this culture, the protection of one’s expression limits the ability of other people.

Boyton, R. (2004, January 25). The Tyranny of Copyright? The New York Times. Retrieved from http://www.nytimes.com/2004/01/25/magazine/the-tyranny-of-copyright.html?_r=0

This text was used in Lethem’s essay to further demonstrate the overly restrictive nature of copyright laws. It explains that copyright prevents many people in society from making significant studies and advances in specific areas. It says that the voices of the creators are valued over the voices of the common people.

Basu, K. (2011). Beyond the invisible hand: Groundwork for a new economics. Princeton, NJ: Princeton University Press.

This texts talks about free market economies and how the invisible hand and unrestricted economies do not lead to efficient markets. It also talks about how free market economists only show part of the image and never tell the whole story of how common people in the economic system are always cheated by conglomerates

Smith, A. and D. D. Raphael. The Wealth of Nations. New York: Knopf, 1991. Print.

This source promotes the idea of the invisible hand as something that will help guide the economy towards an efficient outcome. He explains that when all people are acting in their own self-interest, the entire system of all transactions are optimized.