This document discusses sociological theories related to conflict, functionalism, and capitalism. It provides an overview of Karl Marx's conflict theory perspective, which views society as comprised of class conflict between the bourgeoisie and proletariat. It also summarizes Emile Durkheim's functionalist perspective, which views society as a system of interrelated parts that work together to maintain stability and homeostasis. The document then discusses aspects of capitalism, including recent changes like declining wages, longer work hours in the US compared to other countries, and the rise of corporations as powerful economic actors that some argue prioritize profits over ethics and social responsibility.