the.com/fair trade
capitalism promising to feel a little less guilty for a small fee.
means a certification system paying producers in poor countries a guaranteed minimum price for their goods, meant to buffer them from market crashes.
from emerged in the late 1980s in the netherlands, when max havelaar became the first fair trade coffee label, named after a fictional dutch character who exposed colonial exploitation of coffee farmers.
coffee dominancecoffee remains the most certified fair trade product globally
minimum priceguaranteed floor price even if market price crashes
premium paymentsextra cash paid to communities for schools, wells, roads
criticism existsstudies show gains often shrink after middlemen take cuts