1. What is the distinction that Reading 4.3 makes between owners and employees? Give an example of each.
  2. How do you understand the quote by Adam Smith on pg. 28? What is it saying about labor?
  3. What are your thoughts on the main argument of Reading 4.4 that class is NOT an identity?
  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?

One thought on “Discussion Board 4.2

  1. 1.The distinction between employees and owners is that the employees usually uses their education to be part of the middle class while owners uses their earns to invest a long term and live from it, employees lives from their salary always seeking a rise
    2.I understand from what Adam Smith said that labor is the mean where the the price can be established, people need to keep interested of what they need and want so it keeps the economy’s flow
    3. I think that class is just a description of what your income relies on, but i think this might be also an ‘identity’ since the person might feel less or more rich than others and can assume his identity as his social value
    4. I think that means that class depends on your income that depends on your sources, so class structures would be the things that make it possible, like income, role, education and so on and it is a form of dependency because the more you get education or income the more you class will change.

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