Fair Trade: Reform and Realities in the International Trading System

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Product Details

  • ISBN-13: 9781856490733
  • Publisher: Zed Books
  • Publication date: 3/15/1993
  • Pages: 240

Table of Contents

Preface
Pt. 1 Unfair Trade 1
1 Introduction 3
Equal Exchange 3
Why a Third World? 5
Campesinos of the Mexican Sierra Madre 6
Autonomy and Development 8
A Framework for Fair Trading 10
2 The World Division of Labour in Historical Perspective 12
The Slave Trade 12
Colonial Rule 16
Free Trade 20
The Spread of Capitalism 22
3 The Division of World Resources Between Rich and Poor 25
Population and Land 27
Food Imports and Exports 28
Enough Food But Badly Shared Out 29
Minerals and Industry 32
New Exchanges in World Trade 34
Trade and Development 35
4 The World Market 41
One World, One Market 41
Unequal Exchange 42
The Holders of Big Capital 44
Uneven Development 46
5 The Role of the Market 50
What Markets Do 50
The London Commodity Markets 53
Trading in Futures 55
6 The Middlemen 64
Who Gets What? 68
Producer Power 68
Trader Power 70
Financial Power 72
Consumer Power 74
Pt. 2 Making Trade Fairer 77
7 Regulating the Market 79
Protection of the First World's Markets 79
Commodity Control Schemes between the World Wars 84
International Commodity Agreements after 1950 87
UNCTAD 92
8 Aiding the Market 96
Why International Economic Aid? 96
Who Benefits from Aid? 102
Common Crisis: Common Interest? 105
Multilateral Aid 108
Easing the Burden of Third World Debt 112
9 Centrally Planned Trade 119
Planned Trade for Development 119
COMECON 122
Planned Trade in the Developed Capitalist First World 125
European Community Trade Planning 129
State Planning and the Transnationals in the Third World 131
10 A Parallel Trading System 135
Barter and Countertrade 135
Multilateral Trade Deals 138
The Problem of Creditworthiness 142
Towards a New World Economic Order 144
A Trade Clearing Union 146
Computerised Clearances 152
11 Alternative Trade: In and Against the Market 156
From Famine Relief to Economic Support 156
A Real Alternative 158
What Alternative Trade Organisations Do 163
Third World Networking 165
Alternative Trade Networks 169
An Alternative Trade Clearing Union 173
12 What Can be Done Now? 177
Green Consumerism 177
A Fair Trade Mark 180
A Consumers' Union 184
A Model of a Decentralised Economy 187
Consumer and Producer Unity 190
Annexe: Alternative Trading Organisations 193
Glossary of Acronyms and Technical Trade Terms 203
Index 218
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