Mark Zuckerberg Quotes
There is something wrong with our system when I can leave here and make billions of dollars in 10 years while millions of students can't even afford to pay off their loans, let alone start a business. We all know you don't get successful just by having a good idea or working hard. You get successful by being lucky too. If I had to support my family growing up, instead of having the time to learn how to code. If I didn't know that I was gonna be fine if Facebook didn't work out, then I wouldn't be standing up here today. And if we're honest, we all know how much luck we've had.
Zuckerberg, Mark. "Harvard Commencement Address." Harvard University, 25 May 2017, Cambridge, MA. Keynote Address.
The “competition of the poor included the political and social activism competition.”
After the Meltdown of 2008 at the end of the George W. Bush administration, the Great Recession shut many of the traditional American opportunities, and even in 2013 when this quotation was written opportunities for the poor were much fewer than at most other times in American history.
The debate over income inequality generally ranges between the two extremes of Christie’s hypothetical equal, mediocre salary to the extreme wealth of the 1% controlling most of the wealth. However , where America was moving in its most general affluent times was not towards equal compensation, but to a large range of remuneration with the low end and middle constantly increasing over time and the high end a reasonable multiple of the low end. However, the breakdown came in the last decades of the 20th century and the early 21st century when the low end did not increase (discounting for inflation) in 40 years, nor did the middle, while the high end increased enormously. So the nation had 40 years of growth without the lower or middle classes benefitting much and all the benefit going to the wealthy and most of that to the very wealthy. Thus the instinct was to tax the wealthy more heavily and spending the money to increase opportunity for the lower and middle classes. However, the political battle was waged over the taxing issue and not on what could be done to have the poor and the middle class obtain a larger proportion of the growth and a smaller percentage of the setbacks.
The American Dream is the reasonable possiblity of upward mobility, and at the time of this statement, a person growing up in Canada had twice the chance of an American of Achieving that.
Mark Elliot Zuckerberg is an American media magnate, internet entrepreneur, and philanthropist. He is known for co-founding Facebook, Inc. and serves as its chairman, chief executive officer, and controlling shareholder. He also is a co-founder of the solar sail spacecraft development project Breakthrough Starshot and serves as one of its board members.
