January 18, 2016

Six Reasons to be Skeptical about Oxfam

Ryan Bourne @ FEE:

5) Oxfam -- a development charity -- is now obsessed with the rich rather than the poor.

One would think that Oxfam as an anti-poverty charity would focus its energies on the vast literature showing the conditions necessary for poverty eradication and the role markets and capitalistic institutions can play in doing so.

Instead Oxfam is obsessed with the global rich -- almost implying that the wealth of the rich causes the poverty of the poor. It can do, in some cases -- where cronyism is rife. But there is scant evidence this is the important driver of current distributions. And Oxfam implying that it is, whilst perpetuating the fixed pie fallacy, is appalling for a supposed development organization.

I'd add #7: Read William Easterly! [Review Corner]

Egalitarian Socialism Posted by John Kranz at January 18, 2016 5:37 PM
The media is running with Oxfam's annual "shocking" statistic on wealth. This year "the richest 62 people have the same wealth as poorest 3.6 bn."

How hard can it be for some subset of that 3.6 bn to loot the richest 62 and share it with everyone? Why wait for government to "do the right thing, dammit!"

Posted by: johngalt at January 19, 2016 3:22 PM | What do you think? [1]