Fair trade is a movement that developed in Europe in the 1960s, created to support the work of cooperatives and community enterprises in the developing world.
FINE, an informal association comprised of the four main fair trade networks, defines fair trade as a trading partnership, based on dialogue, transparency and respect that seeks greater equity in international trade.
Fair trade is also:
- A social justice movement
- A system of global commerce
- An alternative business model
- A faith-based activity
- A tool for international development
Fair trade principles:
- Offer better prices and working conditions to farmers, workers and artisans globally
- Empower communities through access to information and markets
- Improve health and education of workers, their families and the environment
- Achieved through a consumer-driven movement
Why is Manhattan University involved?
The mission statement of the University outlines the respect for individual dignity and commitment to social justice inherent in the foundations of the University. Therefore, it is Manhattan’s duty as a Lasallian Catholic institution to support the growth of fair trade, and in turn, help the growth of social justice in the world.
By supporting fair trade, Manhattan University is helping workers secure:
- Better working conditions
- A living wage
- More education
- Better healthcare for families
- Sustainable production