In some ways the solution falls out of just knowing that it is a problem. If you think about it during your interactions with other people, then you can avoid the harmful things that could be said.
The reality of male privilege is that it's so pervasive in our community (in many communities) that even a little bit of acknowledgment that it might exist, and the males in that communities trying to lessen the harm that it creates can make a huge difference in making it less an issue.
I wonder how much of this acknowledgement can be done effectively as a group vs. as individuals. It seems like individuals can change their behavior very well this way, which eventually trickles to the community, but I've come to be a bit disheartened on the group side.
In a thread not long ago, I made a comment calling out an article (of an article about Steve Jobs, not gender) for expressing a (to me) particularly exasperating form of the "pedestal" side of female-discouragement. (http://news.ycombinator.com/item?id=3229502) If I recall correctly, the score of my comment fluctuated a bit before hitting 10, then going back down to 2. I didn't find any of the responses particularly thoughtful, but clearly it is a contentious issue.
A number of recent call-outs by women about conferences seem to indicate that accusations of sexism without 100% proof of sexist don't fly in our community, much as anything without 100% proof tends to fall flat. However, one of the most frustrating parts of sexism (and related problems) is that they are subtle and often subconscious. This discourages me.
I think community acknowledgment is basically useless honestly. I think it comes down to individuals needing to understand privilege and how it affects them and the groups they are a part of. Then the individual has to take it upon themselves to make a change that matter to the people around them, and the people they want to have around them.
If individuals don't take responsibility for their actions groups can never change.
The reality of male privilege is that it's so pervasive in our community (in many communities) that even a little bit of acknowledgment that it might exist, and the males in that communities trying to lessen the harm that it creates can make a huge difference in making it less an issue.