The distinction between an owner and an employee is that an owner makes most of his/her money by profiting from the hard-work and labor of others; the employee is the one working hard and laboring. Mark Cuban was the majority owner of the basketball team, the Dallas Mavericks. The players sign huge contracts, but they are still employees. They must practice, travel, and perform every night. Mark Cuban is worth 5.7 billion dollars. I have never seen him shoot or dribble one basketball.
Adam states that the time, work, and labor that it takes someone to produce something is what truly determines its value. Money just somehow represents that value. But even when the price drops or rises, the labor doesn’t change.
The main argument that class is Not an identity was thought provoking and well supported. Class would be better described as a social status. The two distinct statuses are the wealthy, the capitalist, and the worker. And the worker face even more challenges with racial and gender inequalities. The schools in minority neighborhoods are underfunded and overcrowded. The students grow up with sub-par education. And with a sub-par education. They will either later depend on the system or work some remedial job. And they have children. They spend so much time on the job and they are so burnt out that they are not as involved with their children’s education. Parent participation in education is low in minority communities. Therefore, no one changes the sub-par education. And their children grow up to depend on the system or work remedial jobs themselves. This is not an identity. This is systematic oppression.
Class structures that are built around a close form of dependency” presents the argument that regardless of our position in society, we all are in some way dependent upon those outside our social class. The capitalist depends on the labor of the worker to continue making profits. The worker depends on the capitalist to continue producing so they can continue to labor for wages. Even more in depth, society needs the capitalist to keep producing because society needs what they produce; therefore, society also needs the worker to keep laboring so the product can be produced. Therefore, government involvement is biased to the capitalist because of their control of what society needs. However, as a unified force, the laborers can stop laboring, which stops production, and demand social changes.
