How can inequality be solved?

Do you think billionaires can solve inequality? Or should there be more regulation on wealth distribution? Should this be through taxes or other measures?

The average adult earned around $23,380 (CHF23,317) a year in 2021, and owned $102,600 in wealth according to the World Inequality ReportExternal link. These averages mask wide disparities both between and within countries though. The richest 10% of the global population currently takes 52% of global income, whereas the poorest half of the population earns 8.5% of it. 

The pandemic exacerbated many pre-existing inequalities. Global billionaire wealth grew by $4.4 trillion between 2020 and 2021, and at the same time an additional 100 million people fell into poverty, says the World BankExternal link.

What’s your view on inequality and how to solve it?

From the article Economic divide: how equal is Switzerland’s wealth distribution?

From the article Can the WEF stop de-globalisation?