The world has limited natural resources, but it doesn't have limited human welfare or enjoyment or wealth. Moreover, natural resources are not consumed, except for helium, energy, and the contents of spacecraft. The natural resources in a big plate glass window are a double handful of sand. The natural resources in a Rembrandt are the sunlight and rainfall needed to grow a sheaf of flax and a handful of powdered colorful rocks. The natural resources in a bottle of the finest wine are half a handful of sand, and the sunlight and rainfall needed to grow a bunch of grapes. The natural resources in an anti-malaria bed net are what is needed to grow a single cotton plant. A Rolls-Royce contained the same natural resources as a large Yugo.
Poverty comes from lack of opportunity (usually due to centralization of control), perverse incentives (often due to lack of centralization of control), ignorance, delusion, and other kinds of mental problems, not from limited natural resources or from "a small group of people consuming vastly more."
Poverty comes from lack of opportunity (usually due to centralization of control), perverse incentives (often due to lack of centralization of control), ignorance, delusion, and other kinds of mental problems, not from limited natural resources or from "a small group of people consuming vastly more."