2min chapter

The Life You Can Save by Peter Singer (Audiobook) cover image

Chapter 03: Common Objections to Giving. Read by Marc Evan Jackson.

The Life You Can Save by Peter Singer (Audiobook)

CHAPTER

The Wealth of a Few Has Harmed the Poor

The world's 26 richest people own as much as the poorest 50% of the global population, according to a 2019 Oxfam report. Just two years earlier, it took 61 of the world's richest people to own as muchas the poorest 50%. But these figures don't address whether extraordinary wealth of a few people has caused others to become poorer,. The world's wealth is not fixed in size. It is vastly richer now than it was 1,000 years ago. By finding better ways to create what people want, entrepreneurs make themselves rich, but they don't necessarily make others poorer.

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