Inequality, on the one hand, incentivizes people to develop and, on the other hand, imposes constraints on most that hinder development. The most important way to fight inequality is to find the ‘golden mean’ between the ideas of capitalism and socialism, to ensure balance and sustainability of economic and social systems.
Inequality is not only a social problem, but also an acute political one. The perception of inequality is far more important than the numbers themselves and than all the practical efforts made by politicians and economists — Fyodor Lukyanov, Research Director, Foundation for Development and Support of the Valdai Discussion Club; Chief Editor, Russia in Global Affairs Journal.
There is a gap between wealth, values and opportunity. There is an internal conflict in this. And this phenomenon has been reproduced many times throughout human history — Ray Dalio, Founder, Chief Investment Officer, Bridgewater Associates.
Inequality is an economic problem, not just a social and political one. Mature companies create the rules of the game in order to control competition as much as possible. Global pseudomonopolism seriously constraints progress. Large platform solutions easily suppress competitors — Maxim Oreshkin, Minister of Economic Development of the Russian Federation (2016-2020).
Technologies help make people’s rights equal — Tigran Khudaverdyan, Managing Director, Yandex.
Balance and sustainability are key issues on the world agenda. The balance between consumption and investment is important — Maxim Oreshkin, Minister of Economic Development of the Russian Federation (2016-2020).