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What are some realistic and creative ways to reduce wealth inequality?

I am a a third year student completing a degree in Social Work in Hamilton, New Zealand. I am currently doing a paper on Social and Community Development where I have to consider a topic of interest and then form a plan based on a theoretical perspective to eliminate or reduce a social issue.

My chosen topic is: Then impact of wealth inequality on social cohesion within New Zealand.

I would love to hear some creative and realistic thoughts around reducing this social issue which is a rapidly increasing, world wide issue. If anyone is well versed around topics such as this, stating your political ideology/perspective/basis of your ideas would be a great help so that I am able to further research the good idea's!

The primary focus will be on reducing wealth inequality as by doing this, social cohesion will increase. Despite this, I do hope to develop a small scale plan to increase social cohesion as well to strengthen the assignment.

Thanks heaps in advance :)

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  • Delta M

    • +2
    May 20 2013: Remove wealth as a monetary concept (cash, gold, diamonds, etc) and reimagine wealth as the stuff of life: clean water, nutrition, safety, scientific knowledge.

    One can accumulate monetary items such as gold, and the more one acquires the more one is capable of acquiring, but why is gold valuable? What does gold actually benefit the individual who owns it, except that it is given a worth, a value by someone else who themselves wishes to own it?

    You can not drink gold, nor eat it, nor protect yourself with it, so as a basis of wealth, it is baffling and useless. Gold is only that which people wish to have, it has no other use as wealth apart from being desired. Now, gold has functional uses, especially in electronics, but as a basis of wealth it is really quite useless.

    Remove the concept of ownership of wealth and instead let people work towards the idea that what benefits them will also benefit those around them, and what benefits those around them benefits themselves as well. Then it is not the idea of gaining wealth for yourself, which its by nature is depriving another of that same wealth, but that gaining wealth by extension gives wealth to others. By creating access to clean water, all can benefit. By helping to create bountiful harvests of food, all can benefit. By working towards a safer society for yourself, you create a safer society for everyone - all can benefit. By exploring and creating knowledge, all can benefit.

    If we could see these things as the true wealth, as things which truly give us all a better life, then perhaps the petty fight over gold could at last be relegated to the past as humanity's struggle out of the 'dark ages' into a truly "civilized" culture.

    Imagine a world in which the scientist and the student, the farmer and the well-driller, are the celebrities that everyone looks up to, the ones who create real wealth for all to enjoy.

    Is this likely? Probably not. But it is possible. If we could only do away with 'money'.

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