Inequality between countries has become smaller over time, but within-country inequality is on the rise. Many fear that societal uprisings and further polarisation will be the result. Increased inequality is also allegedly related to the rise of populist movements. How will increasing inequality affect our societies? What role have free markets and technological innovation played? Can, and should we turn the tide? And who is the ‘we’ in that?

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Moderated by
Natasja van den Berg
Moderator
David van Overbeek
Moderator | Econoom, filosoof en maker De NIeuwe Wereld TV

About the speakers

Elizabeth Anderson is Professor in ethics, social and political philosophy, feminist theory, social epistemology, and the philosophy of economics and the social sciences. She is the author of Value in Ethics and Economics, The Imperative of Integration, and, most recently, Private Government: How Employers Rule Our Lives (And Why We Don’t Talk About It). Professor Anderson is currently working on a history of egalitarianism from the Levellers to the present. She is a Fellow of the American Academy of Arts and Sciences, and designed and was the first Director of the Program in Philosophy, Politics, and Economics at UM.

Francois Bourguignon is the former Chief Economist (2003–2007) of the World Bank. He has been the Director of the Paris School of Economics, and from 1985 to his retirement in 2013 a professor of economics at the École des Hautes Études en Sciences Sociales in Paris. In 2016 Bourguignon was awarded the Dan David Prize. His research deals mainly with income redistribution in the developing and developed countries. Bourguignon also sat on the Scientific Committee of the United Nations University World Institute for Development Economics Research, the Council of Economic Advisors of the French Prime Minister and the Executive Committee of the European Development Network.

About the series

This event is developed by
Program seriesFuture of Capitalism

Over the past century, the capitalist model of the free market economy has demonstrated to be an effective vehicle to create wealth. However, in today’s globalised world, the downsides of this model have become more and more obvious: ecological decay, increasing inequality worldwide, financialisation, inadequate resource allocations and a new geopolitical power balance. The credit crisis of 2008, and more recently, the coronacrisis, have further exposed these issues. How can the freedom and innovative potential of free markets be squared with the requirements of ecological sustainability and social justice and inclusivity?