I didn't put words in your mouth. It was a (snarky) question.

Redistribution approaches and/or the creation/augmentation of additional welfare systems could be one approach

As I snarkily suggested, taking money from some people and giving it to others (minus "costs"), does not create wealth. In fact, it destroys wealth, because the bureaucrats running the circus consume some of the money being "redistributed".

Then there's the problem that taxation is extortion, and thus immoral. When a mafia threatens people with violence to get money from them, it's called "extortion". When a government threatens people with imprisonment to get money from them, it's called "taxation" (because it's actually extortion and rulers don't want people to see that).

All people need to get by just fine is for the government to get out of their way and let them produce wealth, goods and services.

Look at how Burma has been rising recently, when the rulers there decided to become less tyrannical. There's your proof. If that's not enough, look at America's history, or England's, or Germany's. Whenever there's relative freedom, there will be prosperity.

Political power can't be used to fix problems that are caused by political power's existence to begin with.