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It is not, in my opinion, the correct way to allocate resources if some people do not have enough to survive and some people have a huge surplus.
I believe it is morally right to have a system that guarantees ALL people at least a basic standard of acceptable life - (which I would define as food & clean water, shelter, a degree of security, access to education, basic health care and some leisure time)
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"Do not tell lies, and do not do what you hate,
for all things are plain in the sight of Heaven. For nothing
hidden will not become manifest, and nothing covered will remain
without being uncovered."
The Gospel of Thomas
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