Do you think capitalism is to blame for the problems in work

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Assignment:

The move to a postindustrial economy has resulted in a loss of jobs and wages in the United States, thanks in part to capital flight and outsourcing. Unemployment soared after the Great Recession that began in late 2007. Joblessness has significant consequences for the financial and psychological well-being of the millions of people who are unemployed. Economic inequality has greatly increased since the 1970s, thanks in large part to changes in the tax code that favored the wealthy. Corporations often engage in white-collar crime that costs hundreds of billions of dollars annually and results in tens of thousands of deaths.

1. Fewer workers belong to labor unions now than just a few decades ago. Do you think this is a good development or a bad development? Why, why not? Explain your answer.

2. Think of a job you now have or your most recent job if you are currently not employed. On a scale of 1 (very dissatisfied) to 10 (very satisfied), how satisfied are you (were you) with your job? Explain why you have (had) this level of satisfaction.

3. What three strategies do you think can improve work and the economy? Explain your answer.

4. To what extent, if any, do you think capitalism is to blame for the problems in work and the economy? Explain your answer.

Reference no: EM133475755

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