From Current Affairs-
Here is a simple statement of principle that doesn’t get repeated enough: if you possess billions of dollars, in a world where many people struggle because they do not have much money, you are an immoral person. The same is true if you possess hundreds of millions of dollars, or even millions of dollars. Being extremely wealthy is impossible to justify in a world containing deprivation.
Even though there is a lot of public discussion about inequality, there seems to be far less talk about just how patently shameful it is to be rich. After all, there are plenty of people on this earth who die—or who watch their loved ones die—because they cannot afford to pay for medical care. There are elderly people who become homeless because they cannot afford rent. There are children living on streets and in cars, there are mothers who can’t afford diapers for their babies. All of this is beyond dispute. And all of it could be ameliorated if people who had lots of money simply gave those other people their money. It’s therefore deeply shameful to be rich. It’s not a morally defensible thing to be.