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Tuesday, April 9, 2013

The Friedmans

The Friedmanss essay, Created Equal, is about freedom of choice, freedom of opportunity, and the free capitalist market. The Friedmans utter that independence and equality argon two of the main factors eventful to man trying to succeed in the U.S. liberty allowing the psyche to shape ones own life. Equality, in turn, allows one to utilize his/her liberty to seize an economic opportunity and not be jeopardise of losing it because of race, religion, color, or creed. Moreover, the Friedmans believe in laissez-faire, which in economics is utilise to imply that government shouldnt interfere with business. Overall, Friedmanss work is written to choose wealth and avoid poverty.

        Reichs essay, Why the Rich Are acquiring Richer and the Poor, Poorer, delineates the pattern of change and expectation of Americas economic future. Reich observes the following leash types of workers: moment workers, in-service workers, and problem solvers. To describe the economic effect these workers have on America, Reich utilizes a description of a boat as a symbolic metaphor. He states that the the boat containing the routine producers is sink rapidly. Reich believes that due to technological advances in production facilities, the need for routine workers is dramatically decreasing. The main reason for this declination is the building and manufacturing of products in third-world countries where it is cheaper.

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The fact is: people in other nations work at a fraction of the hourly rate of American workers, and because factories be relatively cheap to establish, they can easily be moved. Reich continues with the workers in restaurants, retail outlets, car washes, and other personal service industries. He implies that just as the machines are replacing the routine workers, they are replacing the in-person servers as well. Finally, Reich examines the Americas symbolic analysts: engineers, consultants, marketing experts, publicists, and those in entertainment...

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