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.

He serves on the board of the Council on Foreign Relations the New America Foundation Columbia University's International House and Shakespeare and Company. Zakaria initially supported the 2003 invasion of Iraq.

Fareed Rafiq Zakaria (pron. He is also a frequent commentator and author about issues related to international relations trade and American foreign policy. He is the host of CNN's Fareed Zakaria GPS.