Rethinking Inequality And How We Earn
As Mark Zuckerberg’s roommate in college, Chris Hughes became one of the co-founders of Facebook ultimately earning about $500 million. Stunned by the sum he was paid for what he saw as very little actual work, he asked himself, “All that . . . for what?” Fair Shot is Chris’s first-person account of the shocking inequality in the way we earn today. Focusing on the story of how Facebook grew, he shows readers how today’s economic unfairness is even more crushing to those at the bottom of the economic ladder in a world ruled by tech billionaires. He makes the case that those at the top should make a commitment to pay their fortune forward with a radically simple solution: support a tax on their wealth that would enable the government to pay a modest cash stipend to those earning under $75,000 per year. Hand in hand with this stipend, Chris provides a modern and realistic definition of work and workers by including women and men who stay home to take care of the children, people who are full-time college or university students, and clerics. Fair Shot is brought to life by the stories of working families in places like Youngstown, Stockton, and the Bronx who have told Chris the difference this extra money would make to their lives every month by helping with rent or mortgage payments, buying groceries, and paying utility bills. Throughout this short and inspiring book, Chris Hughes envisions a new way of working and earning that gives everyone a “Fair Shot.”
Chris Hughes grew up in Hickory, North Carolina. He co-founded Facebook as a student at Harvard and later led Barack Obama’s digital organizing campaign for president. A former owner of The New Republic magazine, Hughes is now the founder and co-chair of the Economic Security Project. He lives in New York’s Greenwich Village with his family.
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The Economic Security Project
The Economic Security Project is a network committed to advancing the debate on unconditional cash and basic income in the United States. They are dedicated to proposing new, bold ways to create economic opportunity again for all Americans, during a time when automation, globalization, and financialization are changing the nature of work. Learn more about the Economic Security Project and their mission: https://economicsecurityproject.org.