Effective Altruism and the Global Economy

Alazar Kebede examines the contradiction within the global economy, where technological advancement and wealth exist alongside widespread poverty and lack of access to basic needs. The article discusses 'effective altruism' as a framework for addressing these disparities. It highlights that vast private wealth is currently concentrated in the hands of a few individuals and institutions. Kebede argues these entities possess the capability to influence entire industries and national economies to do more good. The piece invites a reflection on whether this wealth could be more effectively utilized to mitigate humanitarian challenges.