Facebook cofounder Chris Hughes has a $2.5 trillion plan to lift up the working class

Facebook cofounder Chris Hughes has a $2.5 trillion plan to lift up the working class

You may well have seen plenty of headlines about Facebook cofounder Chris Hughes’s recent essay , in which he spelled out the dangers that the social network poses—stifling competition, endangering privacy, controlling speech—while urging the government to break up the company.

But you’re probably less familiar with Hughes’s bigger focus in recent years—his concern about the “winner-take-all economy,” in which companies like Facebook have come to thrive, and he is eager for the government to play a role here, too—putting more cash into more people’s pockets.

Of the two efforts, the latter is much farther along.Thanks in large part to Hughes, […]

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