WRITTEN ASSIGNEMENT PHIL 1404 UNIT 4

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Nov 24, 2024

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WRITTEN ASSIGNEMENT PHIL 1404 UNIT 4 After studying this chapter, are you more likely or less likely to buy fair-trade coffee? Why or why not? Fair Trade USA is a non-profit organization that certifies goods like coffee, chocolate, and sugar making sure that products are made according to a set of strict standards that encourage environmental sustainability, as well as ensuring that the people involved in the production were treated and compensated fairly” (Martineau, 2014, para., 1). And, fair-trade coffee refers to a coffee that grows under Fair Trade Certified standards The main set of strict standards and of Fair Trade Certified standards are: - Farmers must agree to reduce their use of child labor, and they must not use genetically Modified Organisms (GMOs) and pesticides. - Minimizing damage to the environment. - Checking and following up on how the harvested coffee is traded. - Boost social and economic development projects in the farmers’ communities (Jimenez & Pulos, 2016) After learning all of that information, I must admit that I much value this type of trading because it adheres to a number of high criteria that benefit both small farmers and the environment. But as I continued researching, I discovered that fair-trade coffee is unethical for the following considerations. There is no universal fair trade authority. The profits generated by the retailers in high prices are going to them alone. Farmers are not guaranteed a minimum price for their coffee as per the Financial Times. investigation of fair trade it "found that workers on fair trade farms were often paid beneath the minimum wage, in violation of fair trade standards” Due to the reasons I listed above, I will not purchase fair-trade coffee. But if all of the aforementioned concerns have been addressed, then I can choose fair-trade coffee. Is there another way of achieving the objectives of improving the lives of developing-country farmers and producers other than the Fair Trade approach? Describe at least one option. In my view, the government should play a significant role in attaining the goals of bettering the lives of farmers and producers in developing countries in addition to the Fair Trade strategy.
The farmer’s only requirement is money. And when the government assists them by meeting their needs, such as funding for new equipment and supplies, it will help to enhance the lives of the farmers. Why do consumers buy Fair Trade products? List a few reasons and analyze each of them. Fair Trade products are purchased by consumers to help producers and farmers in underdeveloped nations. And customers act in this manner for a variety of reasons given that they are aware that Fair Trade's major goal is to assist producers in developing nations by: Reducing poverty by paying them high salaries. - Reducing child labor and letting them be educated rather than working on the farm. - Providing employment benefits to them like life insurance, high salaries, overtime, and paid time off. - Encourage environmental production methods by using organic farming methods and by limiting the use of Genetically Modified Organisms (GMOs), pesticides, and herbicides. Considering it has ethical components and its primary goal is to aid producers and farmers in underdeveloped nations by giving them a lovely life, I think the Fair Trade arrangement is a very wonderful manner to be followed. To maintain the viability of this arrangement, FLO must honor its commitments to the farmers and pay them what they are due. Conclusion One of the most important pillars of the economies of developing nations is fair trade. Year after year, the fair-trade industry has expanded, and it is becoming more and more common in many developed countries. Although there are many advantages to this project, it might be driven into a challenging working environment. In order to enhance their working environment, it is crucial to integrate modern technologies and appropriate rules. References References: Jimenez, G. C., & Pulos, E. (2016). Good Corporation, Bad Corporation: Corporate Social Responsibility in the Global Economy. Open SUNY Textbooks. https://milnepublishing.geneseo.edu/good-corporation-bad-corporation/. Martineau, C. (2014). What Does ‘Fair Trade’ Coffee Really Mean? Food Republic. https://www.foodrepublic.com/2014/02/19/what-does-fair-trade-coffee-really-mean
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