Political Sociology

Instructions

I need a paper written based off the book Who Stole the American Dream written by Hedrick Smith. There are specific questions that need to be addressed in the paper.What does the term globalization mean?What is NAFTA and "free trade" agreements?Describe the transition of the flow on international capital. What does it mean a 'race  to the bottom'? How does this nice sounding term 'free trade' drive wages down?What are the four basic ideas the author is stressing or trying to convey about the nature of capitalism today? (suggestions: conflict theory, conflict between capital and labor, assault on labor unions, lack of collective bargaining rights, avarice or greed, corruption, abuse of the system)Who has the power according to the author within the economy? What institutions? What groups? (banks, HMOs military industrial corporate complex, AMA- American Medical Association, PACs-political action committees, lobbyists)Pick two paragraphs that had particular meaning to you and explain why?Do you think the author would favor Adam Smith, John Maynard Keynes, or Bernie Sanders?In your opinion, who stole the American Dream if anyone?Are you optimistic, pessimistic, or skeptical about the future?

Answer

Political SociologyIn the book, Who Stole the American Dream, Hedrick Smith talks about the changes which have occurred in government policies and which have done a blow to the American middle class. Business is the driving force for the US and any other country (Smith 2). Therefore, where changes in policies affect business, they present the ability to impact the lives of people negatively. Most fundamentally, it is highly possible that such individuals would lack the chance to earn the amount of income which would, otherwise, enable them to be most outstanding in their engagements. This paper aims to respond to pertinent questions drawn from the book with the need to provide a precise analysis touching on it. Globalization is the increased interaction of countries and people and companie...

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