How about recognising wrongs as a first step?

Which wrongs do you think we have yet to recognize? Maybe I'm being naive, but it seems to me that we (by which I mean modern American and European society) have taken a pretty thorough inventory in the last few decades, at least of our own failings.

It’s not enough to recognize wrongs. The aim is to extract a confession that will hold up in court, so your possessions can be redistributed fairly.

Yup and to be more precise it's not even necessarily redistribution of possessions but fairness of opportunity.

Possessions are depreciating assets. Even more when people don't know how to use them.

That won't be a solution but more of a bandaid over the long term if the goal is to reach fairness (equality).

So I assume that you don't think there are persisting systemic inequalities due to such things as slavery?

When a country such as France helps installing the son of a former dictator at the helm of a country in 2022, I think there is a deep unadressed issue, for instance.