Quote by Fareed Zakaria
Americans have so far put up with inequality because they felt they could change their status. They didn't mind others being rich, as long as they had a path to move up as well. The American Dream is all about social mobility in a sense - the idea that anyone can make it.
Summary
This quote highlights the American perspective on inequality and the underlying belief in social mobility. It suggests that Americans have historically tolerated inequality, accepting the wealth of others, as long as they believed they had opportunities to improve their own circumstances. The notion of the American Dream revolves around the idea that anyone can achieve success through hard work and determination. Consequently, the quote implies that social mobility is a crucial element in Americans' acceptance and tolerance of inequality.