Leveling the playing field

I can't point to any scientific data to support my theory - but I feel that if the world were to redistribute the wealth of the top 10% most wealthiest individuals and countries - everybody would be at least 1,000% better off than they are now. Even people who now have excessive wealth would be happier and healthier on average.

By redistribution I don't mean via communism or socialism but via democracy. How is that?

Well if we can all agree that nobody needs more than x amount of wealth to live a good life - and we devoted anything in excess of x to the betterment of public institutions which devoted resources to globally beneficial causes such as technological advances, R&D , hospitals, environmental protection etc etc etc there would be an enormous improvement in the quality of life for everyone.

There are institutions such as the United Nations which can act as a catalyst for change and spin-offs from this concept of Uniting for the betterment of all could specialize in specific areas of global management.

I would expect that the balance that could be achieved in the management of such a process would come from the the sum of the many parts - i.e. each country.

That is my simple formula for leveling the playing field and creating a better world for all. Problems of civilization as a whole could be managed much better -

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