This reads like a strawman perspective on the concept of 'effective altruism.' The 'effective' part in the term is doing a lot of the heavy lifting when it comes to the definition. It seems reasonable to focus on actually 'effective' actions with good outcomes, rather than comparatively ineffective virtual signalling or martyrdom. Becoming rich and then helping millions of people with your means is more impactful tha…
> Becoming rich and then helping millions of people with your means is more impactful than being poor and helping dozens. It's also more self-serving for the better part of it (as your focus is to become rich), and might never reach the second part (actually becoming rich and helping others). It's also bogus: not many can become rich, both for reasons for circumstance making from much harder to nigh impossible for bi…
Yes, uninvested wealth is zero sum (cash and cash equivalents) and that is why we have inflation, but invested wealth can be positive sum.
If you use your uninvested wealth to invest into a poor country then you end up doing more good than bad.