Friday, January 04, 2008

Lady Bountiful economics

I hate Fair Trade with what is probably an unreasonable passion. Salving ones conscience with an extra 5p or 10p on a jar of coffee, & giving a nice extra margin to others in the production/marketing chain to boot

Reminds me of those who used to argue against providing computers to Africa on the grounds that what was needed was jobs. So much better to create lots of Bob Cratchitt clerking jobs, without the Scrooge (we hope). And even more recently - What on earth do peasants need mobile phones for?

See also: William Morris Agriculture