Why prop up a dying system?
Poverty is a result of scarcity. Not enough resources for too many people. If we devote our money inward to redistribute resources to areas of poverty, there will be more people but the same amount (or less) of resources. Therefore, there will be more poverty.
Although this would not practically happen, imagine that the current productive capacity of the world is such that if we were to redistribute resources evenly, everyone would enjoy a "decent" standard of living (translated into a grossly reduced standard of living for you and I, but that's beside the point). As the population expands (not having to worry about starving, we can instead concentrate on making families), it is possible that we can continue to innovate and achieve even higher levels of productivity. However, our natural resources are limited and the surface area of the Earth is limited. Unless we have "somewhere else" to go, these are hard limits to the current exponential rate of growth for humankind. It wouldn't be too pleasant if, when this time came, we had little to know useful knowledge of the universe around us to attempt to increase the habitable space for human kind. Otherwise, war, disease, and scarcity would pare our numbers back down to a more sustainable size....
"Throwing money" at the problem seems like a self-sacrificing and noble solution, but it is actually a tragically short-sighted means of making the problem it attempts to "solve" a lot worse in the long run.
Cordially,
Lord Tiberius Grismath
1473 for '1337' posts.