Fair shot: rethinking inequality and how we earn

Facebook co-founder Chris Hughes makes the case that one percenters like him should pay their fortune forward in a radically simple way: a guaranteed income for working people.

The first half of Chris Hughes' life followed the perfect arc 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 a scholarship.

There, he met Mark Zuckerberg and Dustin Moskovitz and became one of the co-founders of Facebook.

In telling his story, 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.