Facebook Co-Founder Chris Hughes Is Making The Case For A Guaranteed Basic Income
Giving working Americans a guaranteed income — $500 a month to households making less than $50,000 a year — is an effective way to combat income inequality, Hughes says.
Chris Hughes made a fortune as a co-founder of Facebook. But in a new book, he argues for a guaranteed income for workers paid for by taxing wealthy Americans like him.
Hughes (@chrishughes), co-chair of the Economic Security Project, joins Here & Now‘s Jeremy Hobson to talk about “Fair Shot: Rethinking Inequality and How We Earn.”
Book Excerpt: ‘Fair Shot’
By Chris Hughes
In May of 2013, I stood beside a podium on a wooden stage in the center of the Georgia Dome, an indoor stadium in Atlanta. I listened to the president of Georgia State University introduce me to a crowd of 20,000 students and their families attending that year’s commencement ceremony. “Chris began his career as an entrepreneur
