Sherman Alexie's poem "What You Pawn I Will Redeem" tells the story of a Native American man named Jack, who is desperate to get back his grandmother's powwow regalia, or traditional dance clothes, which he sold for cash when he was struggling financially. The poem is set in a pawn shop, where Jack is bargaining with the shopkeeper to buy back the regalia.
The poem is rich with themes of identity, family, and cultural heritage. Jack's desperate desire to regain the regalia is tied to his sense of self and his connection to his ancestors. The regalia represents a part of his identity that has been lost, and he is willing to do whatever it takes to get it back.
The shopkeeper, on the other hand, is more interested in the monetary value of the regalia than its cultural significance. He sees it as nothing more than a commodity to be bought and sold. This contrast between Jack's emotional connection to the regalia and the shopkeeper's detachment highlights the theme of the commercialization of culture and the way in which it can undermine the value of traditions and heritage.
The title of the poem, "What You Pawn I Will Redeem," suggests that Jack is willing to pay any price to reclaim the regalia. This phrase also has deeper meaning, as it suggests that Jack is willing to redeem not only the regalia, but also his own sense of identity and connection to his culture.
Ultimately, the poem speaks to the importance of cultural traditions and the way in which they shape our sense of self and our connection to our ancestors. It also critiques the way in which these traditions can be commodified and stripped of their meaning in a capitalist society.
In conclusion, "What You Pawn I Will Redeem" is a poignant and thought-provoking poem that explores themes of identity, family, and cultural heritage, and the way in which they can be threatened by the forces of capitalism. It is a powerful reminder of the importance of preserving and valuing our cultural traditions.
9 Absolutely Important Characteristics of Monopoly
The company has bought almost all the major eyewear brands. Antitrust laws require that each company establish prices and other competitive terms on its own, without agreeing with a competitor. What most Monopoly players do not know, however, is that the game was initially the product of a passion for social and economic justice. There must be absence of close substitutes. Thus, he is the only seller in the market of his commodity. A pure monopolizer is the exclusive provider in an industry and, as a consequence, the monopolizer can take the market demand curve as its ain demand curve.
CHARACTERISTICS OF MONOPOLY
Therefore, the market controlled by a sole trader is said to a Monopoly market. In some situations, there can be other producers or sellers operating within the same market or industry. In monopoly there is a single seller in the market. Since 1990, Microsoft Corporation, the package maker, has been investigated and sued by the U. This is not a case of pure monopoly, as the residents could always travel to a different town to buy their groceries. Although monopolies are rarely pure, their primary characteristic is that they are price makers — they can set the price of their product without worrying about any competition. This seller either is the only entity operating in that particular market or has achieved a considerable level of dominance and market or industry control that renders its competitors insignificant.
Monopoly: Definition, Types, Characteristics, & Examples
This increases the producer surplus for the monopolist at the expense of a lower consumer surplus for the buyers of the product. There are no other products to choose from and other sellers to do business with. This makes monopoly a monetary value shaper, instead than a monetary value taker. Examples There are various firms in the monopolistic market; some of the examples of such Monopoly firms are as follows: De Beers Raw Diamond Company They owned most of the diamond mines all over the world covering most of the African mines since 19th century, and they had become a single raw diamond seller since late 19th century to almost the beginning of the 21st century. The fundamental features of pure monopoly are 1 a single firm selling all products in a market, 2 a unique product or offering, 3 constraints on entry and exit for other firms in the industry, 4 intelligent information regarding production processes that is inaccessible to those other in the industry. Examples of pure monopolies are rare, but they do exist; some examples include: Utility companies, such as water and electricity, in particular towns, Cell service providers in some countries.
Characteristics Of Monopoly
Since there are a lot of monopoly examples, not all variations and types are explained here, but the outline of all types remains the same, i. A Monopolist is a single, sole, producer with a power to fix the price of his product. Because a monopolizer restricts production from what a competitory industry would make, excessively many resources are being used in the competitory industry and non plenty in the monopolized industry. The incompetence resulting from market dominance also makes monopoly a key type of market failure. If anyone seeks to get the production sold by the monopoly, so they must purchase from the monopoly. A Federal Court may come in a divestiture order doing the guilty party give up the belongings it acquired. On the other hand, in a monopoly, they are present in both the short and long term due to the barriers to entry.
