I found this sentence on the internet:
Seems like society leveled itself out once again.
What does level out mean here? I have looked up OALD, and it defines level out/off as:
level off/out
1 to stop rising or falling and remain horizontal.
The plane levelled off at 1500 feet.
After the long hill, the road levelled out.
2 to stay at a steady level of development or progress after a period of sharp rises or falls.
Sales have levelled off after a period of rapid growth.
However, I'm not quite sure whether either of them fits the context.
Best Answer
I couldn't find OALD, but I believe that the online Oxford Dictionary should be close enough. A similar definition for level out/off can be found under verb sense 2.
This definition is for level out being used as an intransitive verb (denoted by [no object]), which is quite different from your quoted sentence:
where sense 1 (give a flat and even surface to) and sense 3 (make [something, especially a score in sport] equal or similar) are more relevant.
Thus, the phrase society leveled itself out should not be understood as the society has changed its direction to continue at a steady level. (It might be possible if it were about the future direction of economy.) In this context, it just means: everyone has an equal chance.