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

One thought on “Juan Garcia Figueroa 4.2”

  1. Hi Juan,

    I don’t think that the distinction that was explained between the worker and the owner incorporated education as a distinction. But you did bring up an interesting point that education can be used as a means for a worker to advance their class status. I think there is a differential between educational resources that an owner can have access to, compared to a worker. The types of schools they could afford to send their children to, or even making investments into educational institutions, these factors can influence how well-off a student may be in terms of getting themselves educated and creating interests and goals.

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