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Fair trade- how good is fair trade - Essay Example

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The concept of 'fair trade' is now well established as a way of describing relations between the UK and countries in the developing world.This approach is intended to be ethically sound,to ensure that producers receive a price that reflects their real costs,a reasonable amount of profit for living expenses,…
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Download file to see previous pages only do they feel penalised for having saved, they also pay a premium for being capable of meeting their own costs, and allow local authorities to carry on paying less than the full cost!
Looking for a care home is not easy. People are often doing so under time pressures and in the wake of huge emotional upset. So they need as much information as possible, not least about how much it will cost. The report recommends setting up a one-stop shop specialising in care home information, and this, along with the recommendation that regulations should be amended to make clearer price information a requirement on homes, could make a big difference for many vulnerable people. Those who are meeting their own fees will then see that the home they are considering charges self-funders more than those who are placed by local authorities. And families searching for a home for someone who qualifies for local authority support will also be able to see that there are few - if any - homes in the locality that are prepared to take publicly-funded residents without recourse to the family 'topping-up'. The need for a 'third party top-up' often means that the price the local authority has set is insufficient to enable the home to operate.
So this move towards greater transparency will go some way towards creating 'fair trade in care' and may, for some homes, make the difference between carrying on in business or closing, making existing residents homeless and reducing choices available to future generations.
I am optimistic about the scope for change and improvement. But I should not get too carried away, as there is evidence that a very large number of people have either no contract, or one containing unfair terms. And this is despite an earlier study (OFT 1998) identifying contractual...
Every one of us has probably seen reports or heard something about demonstrations against globalisation when international organizations like the WTO meet. One example was the G8 meeting in July 2001. So we have to ask us the question why there are some people who protest against globalisation and also against the free trade the WTO stands for. The main complain and concern of these groups is unfairness. They say free trade is unfair, the low wages are unfair, the poor working conditions of foreign workers, the environmental standards in less developed countries, the high profits of multinational corporations, the inequality in incomes around the world, everything is unfair. If these reproofs are true it would mean that also free trade and globalisation is unfair. However the people of international institutions and multinational corporations who are in favour of free trade and globalisation also use the term fairness in their arguments. If a multinational company pays low wages in less developed countries, they can claim that the wages are still fair set because they are above the legal minimum wage standards and that the workers would not get a better opportunity in a company of their country or their government. The WTO and other international organisations consider free trade even as help because it will promote economic growth, which in turn will raise the living standards throughout the whole world and reduce also the income inequality in the future.
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