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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: Reducing wealth inequality and increasing social cohesion is a difficult but not improbable, if society changes its mindset and comes out of the rut of interest. In Quran it is called Qardan Hasanah - Good Loan.
    Example. I have lost a job, have a family to support and am known to you personally, or through Organisation of Institute, whatever. You have surplus $10000 in bank earning a paltry interest. I have an idea, you have done the feasibility report and are convinced that my business idea or model will work and will help me generate modest income, at the same time I will be able to pay back in small installments your loan, and thereby be able to run my business or whatever. Just the crunch is, you will not be seeking any interest or share of profit. You will provide interest free loan.

    By this method in a very small way you will be helping me in increasing the wealth - the wealth disparity between you and me, will be reduced a wee bit and social cohesion will increase. Don't you agree ? Just give a try.

    In our Community this concept has been Institutionalized with proper safeguards, laws etc: and is working fine.

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