http://www.businesspundit.com/fair-trade-benefits/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 20 Nov 2009 20:31:15 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://www.businesspundit.com/fair-trade-benefits/comment-page-1/#comment-362 mk Thu, 29 Dec 2005 06:33:58 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=2459#comment-362 They (Hayek, et al) taught me that free trade is a positive sum game. As far as I can tell, which isn't very far since fair-traders are very ambiguous about their policies, is that fair-trade is neo-Fabianism with new bells and whistles to disguise its past failures. I think it would do everyone good to go pick up a copy of De Soto's The Myster of Capital from their local library, and find out how to really help the poor, i.e. help them establish a pro-market legal structure. They (Hayek, et al) taught me that free trade is a positive sum game. As far as I can tell, which isn’t very far since fair-traders are very ambiguous about their policies, is that fair-trade is neo-Fabianism with new bells and whistles to disguise its past failures. I think it would do everyone good to go pick up a copy of De Soto’s The Myster of Capital from their local library, and find out how to really help the poor, i.e. help them establish a pro-market legal structure.

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