Topic > The moral problem of fair trade - 1174

1. Summary The current economy is not based on one country or even two; it is global, and its “instant profit” mentality threatens to destroy small-scale producers who get in the way. Small farmers and producers have little hope of competing with multinationals and are left with few resources or prospects for their future. Many third world children have no choice but to work rather than attend school for an education and end up being exploited in the name of returning income. Fair trade was introduced to balance this inequality and help exploited producers break free from the vicious cycle of poverty. This article addresses the moral problem of fair trade. There is a dilemma here, regarding the role of corporate actors within our society; do they only serve to increase profits or are they bound by a different morality? The role of business in society must be understood in the context that a business is not an entity capable of acting, whatever the purpose of its formation. A business, ultimately, is a group of resources, including people, and those people are not separate from society as a whole, rather, they are society as a whole. The principles of both consequentialism and Kantian morality are applied to the problem of fair trade and it is established that, despite the enduring popularity of the “businesses are engines of profit” mentality, it is a view that is at odds with ethical prevalent in our society. While the principle of distributive justice underlying Fair Trade aligns with the values ​​of most of our society, there are still many unanswered questions that belie its ability to help the losing producer.2. Moral problemThe concept of fair trade originated in the We......middle of paper......r country. The categorical imperative with respect to fair trade can therefore only be interpreted as supporting the fair trade element of distributive justice, reinforcing the idea that setting fair trade prices is the right thing to do. Works Cited Blake, Michael and Patrick Smith. “International Distributive Justice” Stanford Encyclopedia of Philosophy. October 24, 2013. Web.Friedman, Milton. “The social responsibility of business is to increase its profits.” New York Times Magazine. September 13, 1970: Print.Johnson, Robert. "Kant's Moral Philosophy" Stanford Encyclopedia of Philosophy. April 6, 2008. Web.Miller, David. “Fair Trade: What does it mean and why is it important?” CSSJ Working Paper Series, SJO13. November 2010. Web.Sinnott-Armstrong, Walter. "Consequentialsim" Stanford Encyclopedia of Philosophy. September 27, 2011. Web.