This is an aspect of green living I haven't looked into very much yet. Just curious as to what others' opinions are and how you involve fair trade in your purchasing.
It's paying a price for a commodity that is *greater* than what the sellers of that commodity would otherwise sell it for.Fair trade isn't price fixing...it's paying a fair price for a commodity, generally to smaller producers that grow/make something in an ecologically sound way.
It is regulated, they can't put the fair trade certified logo on their products without first being independently audited to ensure they meet the international standards for fair trade.If there isn't more than a 10% difference in price (if I have a choice) between two items, I'll buy fair trade. I'm afraid that FT may be a marketing gimmick in that some extra money goes to the producers, but not all. And maybe the money goes to the producer but not the workers. There is no way to track it..just "trust" the seller.
Fair trade - Wikipedia, the free [email protected]@[email protected]@/wiki/File:FairtradeQuinoa.jpg" class="image"><img alt="" src="http://upload.wikimedia.org/wikipedia/commons/thumb/c/c2/FairtradeQuinoa.jpg/300px-FairtradeQuinoa.jpg"@@[email protected]@commons/thumb/c/c2/FairtradeQuinoa.jpg/300px-FairtradeQuinoa.jpgHow is "fair trade" related to "green"?
Fair trade is price fixing.
Yes, but that answer would only prompt me to ask, "WHY is Fair Trade tied into the Green forum?"Greebo, the forum descriptor here specifically mentions "Fair Trade" as one of the example topics. So, to answer your question, "Fair Trade" is related to "Green Living" because the forum states explicitly that it is.
But Greebs, it's not price fixing. If you go to buy coffee, for example, there are lots of options on the shelf. You have no idea the growing conditions, or the working conditions of the people that produced your cup of coffee. But if opt to vote for fair trade with your food dollars, you can be sure that you are supporting good working conditions and ethical practices for those involved inLike I said - price fixing!
And as I said - as long all parties involved are involved voluntarily, I'm perfectly ok with price fixing.
Yes, it is. The participants are agreeing to pay a price for the product that isn't driven by supply and demand.Price fixing is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The group of market makers involved in price fixing is sometimes referred to as a cartel.
It's not a matter of disagreement - the practices involved in fair trade fall under the umbrella of price fixing. Your own explanation of fair trade confirms it - you're just objecting to me using the older yet perfectly valid name for what it is.Ok. Like I tell my husband: it's ok to agree to disagree.
I see fair trade along the same lines as organic produce. I am simply willing to pay a slightly higher price for something I believe that is important to me. Period. End of story.
If Fair Trade goods truly weren't governed by supply and demand they would not be sold, as there would be no demand willing to pay the price premium associated with the certification.Yes, it is. The participants are agreeing to pay a price for the product that isn't driven by supply and demand.
You are talking about demand side. The price fixing is on the supply side. The columbian coffee farmers would have, and HAVE accepted far lower payments for their product than what "fair trade" offers.If Fair Trade goods truly weren't governed by supply and demand they would not be sold, as there would be no demand willing to pay the price premium associated with the certification.
Because the companies who sell fair trade coffee are deliberately paying more than they HAVE to for the product they're buying.I don't understand how this can be an example of price fixing.