1-What is the distinction that Reading 4.3 makes between owners and employees? Give an example of each.

The distinction between owners and employees is that owners have other people working hard for them and they get the wealth larger, while employees have to work harder and get paid a small amount of money that arent enough. Those owners become reach by hiring other people in need, working hard for them, that according to the reading 4.3 based on the salary an employer works two hours for him/her self and the rest of 6 or more goes for the boss. Also, workers retire and still don’t have enough money to spend on the rest of their lives. For instance, many of us had to look for a second job or work overtime because we were not paid enough to afford our daily expenses, such as rent, and others bills, in a poor neighborhood while bosses live in wealthy neighborhoods with their big houses and fancy cars. However, we should choose the right path to send us to the right way of success. I like a saying that said, “If you don’t build your dreams, someone will hire you to help build theirs”.

2-How do you understand the quote by Adam Smith on pg. 28? What is it saying about labor?

He is saying that the way you do the job is worth more than any other thing called valuable, like money. It seems that he had a dream view of what he wanted the world to be which unfortunately was an unrealistic view.

3-What are your thoughts on the main argument of Reading 4.4 that class is NOT an identity?

As reading “Class Rules Everything Around Me” I understand that class is another part of identity. In life, you identify objects and categorize them just like people, that are categorized as well by gender, social class, religion, culture, etc.

4-How do you understand the argument Reading 4.4 makes when stating that “class structures are built around a close form of dependency”? What is this close form of dependency, and can you think of an example?

Dependency is classified as a state of needing something or someone. For instance, the consumer has a need or dependency on the vendor, for whatever they are purchasing. The consumer relies on the vendor, and in order to keep the business profitable, the vendor needs money. The seller’s need for money creates a dependency on the consumer.