I agree with your sentiment - I simply don't have a specific answer or I would be a very important person as I would have "solved" one of this century hardest problem.
I just believe that technology and innovation and creative destruction (in the schumpeterian sense) can (as they did) bring better resource usage which in turn drive better lifestyle for everyone.
I'm not sure where I would go from here; my brain is wired to my country problems (which is not usa, I hail from europe) which are completely 0 opportunities to actually get rich + complete domination of old money due to compound interest unstoppable force.
Heavily taxing inheritance in every form could be a start, but I'm not an expert in policy.
I just believe that technology and innovation and creative destruction (in the schumpeterian sense) can (as they did) bring better resource usage which in turn drive better lifestyle for everyone.
I'm not sure where I would go from here; my brain is wired to my country problems (which is not usa, I hail from europe) which are completely 0 opportunities to actually get rich + complete domination of old money due to compound interest unstoppable force.
Heavily taxing inheritance in every form could be a start, but I'm not an expert in policy.