When you think of solutions to wealth inequity, what comes to mind?
Maybe you think “redistribution”. Government spending, taxes, cash payments, and welfare?
The issue with redistribution is the “re” part. It’s after the fact. Ideally, wealth would be more broadly distributed in the first place so there would be no need to redistribute it.
The focus on redistribution also confounds our social safety net. It’s not designed for re-distributive policies. Re-distributive policies themselves are also quite politically charged.
More people need to receive a larger share of profits. It’s really that simple. But how could this be reasonably implemented? Whatever the solution may be, I’m guessing it will be quite creative.