If I believe something is wrong, namely poverty and income inequality, then shouldn't I do as much as I can to make it right?
So then my question becomes, what is the most effective way to help impoverished people? If I become completely devoted to ending poverty and spent all my time say working for a non-profit organization I believe I would be doing some good. However, if I become a successful businessperson then I could possibly be doing even more good by donating millions of dollars, although I would be more committed to business then fixing poverty at that point.
How can I be sure what option will give me live the "good life"?
On your first question, in its general form: No, it is not the case that you should do as much as you can to make right what you believe is wrong. First, there are wrongs that you can make right only by committing serious wrongs of your own. Second, your resources (time, money, energy) are limited, and it is simply impossible for you to do as much as you can with regard to every wrong you perceive. (For example, doing all you can to make right a trivial wrong may prevent you from making right a much greater wrong.) Third, you are not morally required to do all you can to right the wrongs of the world you live in -- some wrongs are not your responsibility (e.g., a blatant injustice in the Danish tax code), and you are morally entitled to devote some of your resources to things other than the righting of wrongs. Fourth, you may not be sure that what you believe to be wrong is wrong, and you may then have reason not to act on your judgment. (For example, when many people whose judgment you respect do not...
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