Two Ethical Fallacies

Those people who feel that the world is in a moral free-for-all (that profits no one but the obscenely rich) have to figure out how to respond. There are two ethical fallacies I've noticed: 1) "going local" -- assuming the world is fine because one's own situation is, and "going global" -- feeling guilty because one's own actions don't impact on larger, global problems. The alternative? Doing what one can no matter where one is in one's life.