Why Does Singer Reject the "Fair Share" View of Giving

question 31

Essay

Why does Singer reject the "fair share" view of giving to reduce global poverty? Explain the fair share theory and provide Singer's reasons and examples for rejecting this view. Do you agree? Why or why not?

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Definitions:

Profits

The financial gain realized when the revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Game Theory Matrix

A tabular representation used in game theory to display the payoffs for each player for every possible combination of strategies.

Economic Efficiency

A situation where all resources in an economy are optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

Game Theory

A mathematical and logical model used to analyze strategies in competitive situations where the outcome depends critically on the actions of all participants.