1- The distinction Reading 4.3 makes between owners and employees is how each live. Owners are those who can live in luxury. Not have to worry about anything except expanding their businesses. The wealthy stockholders of giant corporations. Employees are those who live off wages, salaries, and fees. Those who cannot afford to live in such luxury and carefree.

2- The quote by Adam Smith on pg. 28 refers to labor as a driving force. How working can push the real standard of luxury as an earned for prize rather than passive. Labor and hard work pushes away from a socialist stand point where everyone has equal chances. Working for what you want should be a drive for many Americans. Pushing our capitalist nature further as many businesses strive to be on top.

3- The main argument of Reading 4.4 is how social class is not an identity. A person’s social class should not tie into identity because it could change. My thoughts include how it is limiting to people and often exclusionary. There should be no involvement between identity and social class to define a person. That a person should identify in the working class and feel like they are unable to get themselves out. Just because they grew up within a social class that was less fortunate.

4- “Class structures built around a close form of dependency” is Reading 4.4 way of saying status is all that matters. The classes are divided to give those with money an edge and those without money no benefit. An example of this is the structure of jobs today. Most employees with decent jobs have a Bachelors or higher. Even multiple degrees which is unachievable without money. I would like to say a lot of those with high degrees are those from rich families. The close form of dependency these multiple degree holders have on their old money.