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Jeffrey Immelt's The Singer Solution To World Poverty

735 Words3 Pages

America is built from the hands of it’s citizens, whether they be rich, poor or somewhere in between; America is dependent on it’s citizens to keep the nation running. Peter Singer, a professor of bioehtics, professed his thoughts in an article called “The Singer Solution to World Poverty,” on how the wealthy people of a nation should donate to overseas aid organizations to help stop the spread of poverty. As a matter of fact, Singer then promotes the main idea from his solution by simply saying “The formula is simple: whatever money you’re spending on luxuries, not necessities, should be given away.” Granting that prosperous people make an exceptionally greater amount of money than most others and have the ability to provide for the poor, …show more content…

Millionaire, Jeffrey Immelt was highlighted in a 2005 Fortune article, being described as “The Bionic Manager,” for his work ethic of performing 100 hour work weeks for 24 years straight. The so called, “Bionic Manager” poured himself into his work, putting in an immense amount of time to create a strong and upholding business. His business led to him becoming not only a powerful man in the business world but a very wealthy man as well. Immelt put in the long hours and hard work to become a wealthy individual, which is why he should have a say in his spending. Indeed Immelt could easily donate to overseas organizations that aid poverty, it is his choice whether he wants to contribute to the organization being that he himself created financial stability. By Jeffrey Immlet putting in 100 hours a week, in devotion to his business prospering, he ultimately should be able to pick and choose his spending without being told what he can spend the money he has made …show more content…

Specifically, on the website, thelifeyoucansave.org, in 2006 “The U.S. ranks near the bottom of developed countries in the percentage of national income allocated to foreign aid…the U.S. gave only 18 cents of every $100 of earnings— a total of 0.18% to foreign aid.” In other words, although the United States is a developed nation, we give only 0.18% for every $100 earnings to foreign aid, which is the second to last percentage given to foreign aid. That being said, Singer is trying to be dependent on the rich to supply foreign aid, helping organizations based on poverty, when our country itself doesn't even supply 1% of it’s $100 earnings to overseas organizations. That being said, it isn't the wealthy’s job to supply their earnings to overseas organizations, if our nation does little to help with foreign aid as well; it is the duty of the nation to aid in poverty before it is the American people’s

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