It's no secret that American income inequality is at its worst point since the gilded age. So how do we stop this rampant inequality?
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 $500 a month to every working adult making less than $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.
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Canada puts its money where its mouth is and prepares for a 'no strings attached' basic income trial that it hopes will break the cycle of poverty.
There's a lot missing from debates and policy surrounding poverty but the biggest deficit, according to Dr C. Nicole Mason, is in honesty. Impoverished people aren't poor because they're lazy, they're poor because social mobility is institutionally suppressed.
Dr C. Nicole Mason was born in Los Angeles, raised by a beautiful but volatile 16-year-old single mother. Early on, she learned to navigate between an unpredictable home life and school where she excelled. Having figured out the college application process by eavesdropping on the few white kids in her predominantly Black and Latino school, and along with the help of a high school counselor, Mason eventually boarded a plane for Howard University, alone and with $200 in her pocket.