Lessons Learned from COVID-19 - FC
Global Conference 2024

Bold Proposals for Protecting the Free-Enterprise System while Closing the Wealth Gap

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The United States has the world’s highest gross domestic product, one of the world’s highest GPDs per capita, and the third highest average wealth per capita. We also struggle with persistent challenges, including a median wealth per capita that lags several other large nations. A simple question follows: How can the United States address wealth inequality—which often compounds across generations and limits opportunities for economic mobility—while not impairing the greatest economic engine ever created, namely the free-enterprise system? This session will explore a number of bold ideas designed to answer that question: through immigration policy, sovereign investments, innovations among large employers, and market-based strategies to bring greater returns on our core investments in human and social capital.

    Moderator

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    Michael Milken

    Chairman, Milken Institute

    Speakers

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    John Hope Bryant

    Chairman and CEO, Operation HOPE, Inc.
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    Brad Gerstner

    Founder, Invest America
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    Teresa Ghilarducci

    Irene and Bernard L Schwartz Professor of Economics and Policy Analysis, The New School
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    Steven T. Mnuchin

    Founder and Managing Partner, Liberty Capital