 Fair Trade MovementZsolt Boda Chapter 47 in Handbook of Spirituality and Business, 2011, pp 396-403 from Palgrave Macmillan Abstract: Abstract The Fair Trade movement seeks to address the problems of disadvantaged and small-scale producers in the underdeveloped countries by providing market access to their products through trading partnerships. The Fair Trade movement is backed by ethically conscious consumers, who are ready to pay a higher price for products that improve the well-being of marginalized producers as well as their communities. The Fair Trade partnership provides better trading conditions, higher prices, and a continuous relationship with the producers; it also ensures that human rights and environmental concerns are respected, and that children are not exploited in the production process. Fair Trade is a well-established and fast-growing alternative business model to the mainstream way of economizing and trading. It uses a different set of values and objectives than traditional trade, institutionalizing solidarity and putting people and their well-being, as well as the preservation of the natural environment, before the pursuit of the profit. Keywords: Business Ethic; Fair Trade; Fair Trade Product; Conscious Consumer; Fair Trade Movement (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-32145-8_47 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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