Quick and Dirty
Simply yes. I don't care much about the lives of people I'll never interact with in any way shape or form. If I were to give money to save those lives (or in a bizarre fictional scenario not be given money, if I were say offered $1, $5, or $1000 for each child I allowed to die) it would be because of some whim and some desire to feel better about myself (I still weigh saving a life as a good act, I just don't weigh the acts very heavily where there's such a distance, compared to making myself, friends, and family more comfortable) but not because of a carefully thought out structure for what I'm supposed to do in this situation.
What my morality says I'm 'supposed' to do is that which will make/keep me happiest in the long run - so avoiding guilt is big, but so's not impoverishing or even inconveniencing myself unduly.
But of course that's your point. I'm just letting you know that not all of us are trying to fool ourselves
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