What should the class system be in America? What should it be based on?

Based on the chapter given in file. Please answer the following questions.

What should the class system be in America? What should it be based on?
•Do you think it would be either desirable or possible to establish a truly classless society? Why or why not?
•Make a list of those you think are the upper class in this country. Who has the power and the status? What occupation do they have? Are they respected? If so, for what reasons? If not, why not?
•What items do you own that are for conspicuous consumption? Why did you buy these items? How do they make you feel? What do you like about them?

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