Don’t you feel bad for those less fortunate? Or think to yourself, if we just did this… it would solve world hunger.
Well, let me tell you something it will never be solved. It’s not possible. There will always be poor people. In fact, it is the same reason why everyone cannot go to college. Let me explain.
Let’s say everyone went to college, everyone would have a degree. If everyone has a degree, how do employers make choices on who is a better fit for their business? They can’t. At least not by a degree alone. So the degree becomes worthless in a sense. If everyone has a degree, the degree is WORTHLESS. Therefore, to show you are a better applicant to employers you will get a Master’s Degree, instead of just a bachelor’s.
Now back to poverty. If everyone who was poor received more money then, those who had more money would eventually get EVEN MORE MONEY. How? Competition and the fact money will always have value.
If everyone was the same amount of money, there will always be someone searching for more money. Just like if everyone had a bachelor’s somebody will get a Master’s, and someone will get a PhD.
It’s nice to give to those who are less fortunate to help. But just know, you cannot fix everyone.