The breeding ground for any conflict, both at the national and global levels, is the perception of inequality, when some are seen to be in a privileged position relative to others. There are more and more levels of inequality – from economic opportunities and technological development to natural conditions and the monopoly on financial resources. Without new approaches, a harmonious structure of the world is impossible. The participants of the sixth session of the 21st Annual Meeting of the Valdai Discussion Club discussed moving away from current imbalances and creating new mechanisms for democratic global regulation.