Noon Talk: A Conversation with Facebook Co-Founder Chris Hughes
The first half of Chris Hughes’ life played like a movie reel right out of the “American Dream.” He grew up in a small town in North Carolina. His parents were people of modest means, but he was accepted into an elite boarding school and then Harvard, both on scholarship. There, he met Mark Zuckerberg and Dustin Moskovitz and became one of the co-founders of Facebook.
In telling his story about Facebook and his other business experiences, Hughes demonstrates the powerful role fortune and luck play in today’s economy. Through the rocket ship rise of Facebook, Hughes came to understand how a select few can become ultra-wealthy nearly overnight. He believes the same forces that made Facebook possible have made it harder for everyone else in America to make ends meet.
To help people who are struggling, Hughes proposes a simple, bold solution: a guaranteed income for working people, including unpaid caregivers and students, paid for by the one percent. The way Hughes sees it, a guaranteed income is the most powerful tool we have to combat poverty and stabilize America’s middle class. Money―cold hard cash with no strings attached―gives people freedom, dignity, and the ability to climb the economic ladder.
A guaranteed income for working people is the big idea that’s missing in the national conversation. Chris Hughes’ experiences have led to vital insights into how wealth is accumulated in modern America, how we can combat income inequality, and ultimately, how we can give everyone a fair shot.