The G7 summit must recognize that extreme disparities in income, wealth, opportunity, and political influence are not only a defining feature of the global economy but also a major factor in many other shared challenges. For too long, the issue has been treated as a symptom rather than a cause.
RIO DE JANEIRO—Nestled between mountains and a pristine lake, Évian-les-Bains, the French town where G7 leaders are gathering this month, evokes an image of stability and prosperity. Yet beyond the summit venue lies a world marked by deepening economic insecurity, political fragmentation, climate change, and distrust in institutions. And at the center of these interconnected crises is a challenge that governments continue to treat as an afterthought: rising inequality.
RIO DE JANEIRO—Nestled between mountains and a pristine lake, Évian-les-Bains, the French town where G7 leaders are gathering this month, evokes an image of stability and prosperity. Yet beyond the summit venue lies a world marked by deepening economic insecurity, political fragmentation, climate change, and distrust in institutions. And at the center of these interconnected crises is a challenge that governments continue to treat as an afterthought: rising inequality.