Americans make up around four percent of the world population and yet they control over 25 percent of the world’s wealth. What if we were to simply redistribute our wealth to the most needy people on the planet—wouldn’t that end global poverty almost overnight?
“The answer unfortunately is no,” says philosopher Matt Zwolinski. “Sharing one’s wealth with those who have less is admirable and it often helps to relieve immediate suffering. But just sharing existing wealth we’ll never be enough to lift billions of people out of poverty in a sustainable way. To understand why we need to look at history.”