It looks like 2) "it" would need to be changed.
Whats the question exactly?
A brilliant and insightful exploration of the rise and fall of the American middle class by New York Times bestselling author, Barbara Ehrenreich.One of Barbara Ehrenreich's most classic and prophetic
Mainly using i and me in a sentence identifies that the story is in third person.
EDIT: sorry wasn't thinking straight, so third person is you or the narrator seeing/feeling/visualizing the character that is in play. just imagine as if you are stalking that person like a ghost! and you see everything they do and feel, emotionally of course. its just like watching a movie you're the third person.