But whole point of innovation is to give 1000x people the leverage they can claim by their performance, and let them become obscenely rich at the expense of others. If you don't do it, they will just do it where they are allowed to, the world is big, and European citizens are full of privilege when it comes to exploiting it: they are white, speak languages, and are visa free just about everywhere, not at all seen with suspicion. It's easy for them to jump the boat, easier than for anyone else, so they all do it before they are allowed to ruthlessly exploit others.
It's a bind: either become dog-eat-dog rat race society, or just rot in backwardness, age, and eventually get invaded and overrun when no one will care anymore.
You can try holding them from running away but... i come from Soviet Union where they did just that, and i know how it ends.
A society that is persistently in denial about people's innate inequality is doomed.