Maybe, maybe not, but it would be a very painful way to do it (particularly since the average person has debt, owns some assets, but doesn't park huge sums in s

Maybe, maybe not, but it would be a very painful way to do it (particularly since the average person has debt, owns some assets, but doesn't park huge sums in savings accounts or cash under the mattress like prior generations did). The general proposal to alleviate this problem is to increase the supply of assets. This means investing in the common good. Basic research to create whole new types of things to build, infrastructure to enable businesses to reach new markets, and workforce development so businesses have more effective employees. This is also often coupled with renewed enforcement of antitrust legislation, to give new players some oxygen and to discourage business models that rely on unprofitable scaling in order to reap monopolistic rewards. Then there is the side benefit that smaller companies have a harder time creating the conditions for regulatory capture.