Black Gold follows an Ethiopian coffee producer's epic journey around the world as he attempts to get a fair price for his high quality coffee. The film highlights that the solution for Africa is i...
Black Gold follows an Ethiopian coffee producer's epic journey around the world as he attempts to get a fair price for his high quality coffee. The film highlights that the solution for Africa is in equitable TRADE and NOT AID.
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'free market economics' are no such thing. The richest countries dictate the international trade rules by which the poor must abide, and guess who benefits. Would you classify this scenario as 'free trade'? Have you actually watched the film?
This man clearly misspoke when he said 'low price.' He meant wages, because THAT is the issue. As someone with a degree in Economics, I can tell you that wages NEVER adequately reflect their value, and this can be clearly demonstrated in these companies' balance sheets. If you're paying your workers less than $1/day, the massive amounts of profits reflect nominal wages that AREN'T being paid to workers. Pick up a economics book before you make stupid comments my friend.
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Is that unfair? No! It's the free market in action.
People, don't be stupid. Check out free market economics.
where on earth do you live?
are you human?
Dont think so