Facebook co-founder : every middle class worker should get a [dollar]6,000 raise.

[Place of publication not identified] : Big Think, 2018.

1 online resource (7 minutes)

Access is available to the Yale community.

Access restricted by licensing agreement.

It's no secret that American income inequality is at its worst point since the gilded age. To break it down for you, there's a very small yet super-rich class at the top (the 1%), and there's the rest of us (the 99%) who are duking it out in a type of capitalist serfdom. Chris Hughes, a Facebook co-founder, will be the first to tell you that he's a super lucky guy that happened to benefit massively from this system that makes the rich richer and the poor stay the same. He's come with a plan - give [dollar]500 a month to every working adult making less than [dollar]50,000 a year - to help reinvigorate the American economy and the American dream that we can pull ourselves up. If the American dream is dead, he says, then what are we fighting for in the first place? His fascinating book is Fair Shot: Rethinking Inequality and How We Earn.

Images / Online / Video & Film

English

November 07, 2022