Take Home Writing Assignment One: Selective Economic Growth For a period of time ranging from the 1900’s until the 1970’s, The United States economics were prosperous for all economic classes, but in 1970’s, this abruptly came to a halt as our economic system changed substantially. This change in our economics has continued even today to have a drastic effect on America and its’ working class. In his film lecture entitled, “Capitalism Hits the Fan”, Dr. Wolff is right about Americans becoming poorer while the rich corporations pillage the country. “Working wages” are those that continue to rise in order to be up to date with the costs of living and that encourage consumerism and therefore, a prosperous economy. In the 1970’s, these types
