Lumifer comments on Effective Altruism from XYZ perspective - Less Wrong Discussion
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It depends on how do you define "good". In particular, in some value systems (and in some contexts) human lives are valued according to their productivity, and in other value systems and contexts, lives are valued regardless of their economic use or potential.
Even if he values human lives terminally, a utilitarian should assign unequal instrumental value to different human lives and make decision based on the combination of both.