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by ihm
1907 days ago
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> Economic theory would argue that: "little pay" is because they produce "little value". Any economic theory that predicts this is probably not very useful, since this claim is easily falsified. Consider e.g., the situation of Amazon workers who are paid low wages and forced to maintain such a pace that they need to go to the bathroom in bottles and bags, but whose labor on the other hand caused Jeff Bezos' wealth to increase by over $100,000 per worker over the last year. |
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But GP argued that our current system was maintaining a status quo where people in poor countries make little pay.
And that effective altruism was like throwing money away.
While fact is that extreme poverty and poverty in general is declining globally.
You can argue that effective altruism has marginal impact on the macro economic trends that drives people out of poverty.
And therefore the impact of donations is unimportant, because the decline in poverty is driven by strong economic forces.
Arguable donations probably help!