Wage slavery

Comparative Advantage Most people carry out economic concepts in their day to day lives without even noticing it. Comparative advantage is the economic principle in which a person provides a good for a lower opportunity cost than another person. Although it sounds confusing, this principle is applied by everyone from the small schoolhouse teacher to the big business C.E.O. In it’s simplest terms, comparative advantage is just being able to do something better or cheaper than someone else. So…

In the 2016 presidential election, I heard each candidate talk about a broad range of topics, ranging from abortion to foreign hot spots. Is those topics important? Yes, but what about the problems that the working class face on a daily bases. Due to the fact that in our society today most of the job opportunities are temporary, it doesn’t guarantee long-term financial security. When someone from the working class lose their job it can then lead to them being homeless and not able to provide…

The bigger an athlete’s contract gets, the more well known he becomes. In the last decade or so, many very well known athletes have been signing record breaking multi-million dollar contracts. What gives franchise owners the right to put a price on someone way over someone else. All players are playing the same sport therefore, they should all make an averaged salary. Following that, giving all this money to these athletes can potentially endanger their lives. Not to forget that all this money…

Dreams (2002),” their main argument entails this idea that the “periphery” of the production work that takes place in Silicon Valley is disproportionally made up of immigrants and women of color. Not only this but they also received less than a living wage, were only hired as temporary workers, and due to the lack of unions, these workers received little to no benefits and were forced to work in hazardous conditions. To support this main idea about the “periphery” of production work in Silicon…

From the early creation of humanity to modern day society, women have always been mistreated and underestimated by society’s superior gender. This has been an ongoing cycle for ages. Men have always ruled each nation we have created. Trifles, written by Susan Glaspell, exhibits common actions of the common man. Not only does this poem interpret a male’s role but the role of a women. A woman by the name of Mrs. Wright is introduced as the main suspect of the poem. Often women face a life like Mrs…

Dreams: The Purpose of Life In today’s world it is difficult to achieve a life dream, but even more challenging during the 1930’s, a time when many people are unemployed and very poor. Life dreams have a significant part in the novel Of Mice and Men by John Steinbeck, particularly the American Dream is brought up often. This refers to the desire in life to own a house and land, be financially stable, have a family, and live an overall happy life. While the American Dream is different for every…

According to the job demand control support theory, if support is offered to employees whether by co-workers, supervisors and friends or family, stress can be moderated in the workplace. However, when the job demands are high, and there is low control and low job support that can result to high chances of health related problems (Karasek, 1979). For example when call centre employees are expected to work every day including holidays and weekends, they have zero control and zero support and that…

The second industrial revolution was a period during 1865-1905 in which the United States had a surge of industrial growth. This was due in part by the emergence of factory as foremost realm of industrial production. Numerous families during this period had to relocate and uproot their families from rural to urban areas in order to save money and shorten the commute. Subsequently, this led to a large influx of the population relocating in cities. A large migration of immigrants to America was…

Employment Issue: Did Sarah Bellum, as owner of VV, discriminate against Sally Caddis due to her age? Facts: Sally Caddis is a 50-year-old woman that has worked at Sarah Bellum’s Vista Vu as a server for 10 years. Sarah Bellum is the sole proprietor of the 25-employee operation “Vista Vu” and it is acknowledged that Vista Vu affects interstate commerce. On Sally Caddis’ job application for Vista Vu she indicated that she was born in 1967 when in fact she was born in 1962. Caddis also stated that…

. COLLECTIVE BARGAINING:- Collective bargaining is that arrangement whereby the wages and conditions of employment of workmen are settled though a bargain between the employer and the workmen collectively whether represented through their union or by some of them on behalf of all of them. Ludwing Teller has defined collective bargaining as “an agreement of employers on the one had labour union on the other hand which regulates the terms and conditions of employment.20 The Encyclopedia…