1. Notes: 3 / 2 years ago 

    (Un)fair Trade

    The Fair Trade concept was pioneered by missions groups and non-profits back in the early ‘40s. The idea is that if a product is produced with Fair Trade practices, one can assume it was created “fairly”. This concept has become a household term due to the proliferation of corporate transparency caused by the internet boom in the early ‘90s.

    However, there has been some speculation as to whether Fair Trade is actually bolstering sustainable growth or just allowing for a new marketing ploy for Fair Trade certified businesses. In many cases, the new wages are just a fraction higher than what it was before, and typically still far below the market value of the product.

    In many cases, Fair Trade seems to be (at best) merely making business “better than it was”. While I do believe Fair Trade is positive and necessary, I also believe it’s time to move beyond it.

    This calls for pricing that is determined by the market value of a product rather than just what you can buy it for. If a boutique sells a product for $200, that would indicate that it was purchased for about $100 from a wholesaler that bought it for $50 from the artist. But that’s far from typical. A product like this is more likely to be purchased for closer to $5-$10 in a place like Rwanda or Kenya.

    But we have the opportunity to change that dynamic. If we pay according to the market value of the product, we still experience great margins, the artist receives a “fair” price for their product, and the retail margin isn’t affected. And this raises the bar for what buyers are expected to pay in developing countries. This seems like a logical scenario doesn’t it? Anything less just seems…unfair.

  2. Notes

    1. jaredmiller posted this
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These are my thoughts, and more likely my agendas. Let’s call a spade a spade. I want to inspire people to treat each other with love and respect, and to live each second as if it were our last.

At the end of the day, I appreciate the journey, good and bad. I believe there is purpose in everything; literally everything. And the more I embrace that, the more I truly live; the more peace I have.

I believe in the social entrepreneur model, as opposed to the traditional forms of aid that have crippled developing nations for decades. And on top of that, I believe the fashion industry is one of the best industries to leverage as a tool to combat poverty and help restore dignity to developing nations. So that's my thing. If that's not appealing, you might want to read a different blog.

I believe in the power and importance of ubuntu. I aspire to do more…more than I have to. I won’t "change the whole world", but I intend to make some significant improvements along the way as I try. And I’ll fight for all sorts of justice, up to the day they throw dirt on me.

I thank God that I get to live this life. Carpe diem.

+ Comments are welcome. I'd love for this to be a two way conversation. +
 

Jared's Biography

Jared N Miller is President/CEO of KEZA, a couture fashion label building fashion businesses in Africa for underprivileged women. Click here to read his biography.
 
 

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