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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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  • May 22 2013: I can think of two approaches: 1) Teach sciences to the poor and 2) Teach social sciences to the rich.
    Poor will be able to earn and hopefully, rich would be able to understand their moral responsibilities towards society.
    In addition, as someone has pointed out, if non-homogeneous distribution of money is not actually a problem, the approach I have suggested will have no impact on it as no monetary policy related changes are involved.

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