Addressing Wealth Inequality: Causes, Effects, and Solutions

The article delves into the widening wealth gap, attributing it to globalization, technological advancements, labor market shifts, economic policies, wealth concentration, and corruption. It explores the adverse effects like social instability, economic slowdown, health deterioration, and educational decline. Proposed solutions include income redistribution, education investment, SME support, corruption combat, and societal justice enhancement, emphasizing the need for collaborative efforts across governments, civil society, and the private sector.