Trading for Good: How Global Trade Can be Made to Serve People Not Money

Author:   Christian Felber
Publisher:   Bloomsbury Publishing PLC
ISBN:  

9781786996015


Pages:   256
Publication Date:   15 November 2019
Format:   Paperback
Availability:   To order   Availability explained
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Trading for Good: How Global Trade Can be Made to Serve People Not Money


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Overview

Trade is the lifeblood of the global economy, but few would consider it a social good. Instead, our views on trade have polarized between two extremes: ‘free trade’ ideologues who regard trade as an end in itself, and ‘protectionists’ who view it as a destructive force to be contained. But there is another way to trade – one with the interests of people, not profit, at its heart. In this visionary work Christian Felber, founder of the Economy for the Common Good movement, offers a dazzling new paradigm for the global trading order. Confronting the ‘free trade religion’ which has reigned since Adam Smith, Felber champions an alternative approach in which trade serves the wider interests of society, incorporating the key issues of our time: human rights, climate change, and the growing divide richer and poorer countries. He proposes the groundbreaking idea of an ‘Ethical Trade Zone’, founded on a principled approach to tariffs and trade policies, and built with international cooperation on trade, taxation and labour. Penetrating and passionate, Christian Felber shows how this brave new economic world can be built democratically from the grassroots up, and how trading for good can be made a reality.

Full Product Details

Author:   Christian Felber
Publisher:   Bloomsbury Publishing PLC
Imprint:   Zed Books Ltd
Weight:   0.242kg
ISBN:  

9781786996015


ISBN 10:   1786996014
Pages:   256
Publication Date:   15 November 2019
Audience:   Professional and scholarly ,  College/higher education ,  Professional and scholarly ,  Professional & Vocational ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

I. Introduction Part 1. Origins and Critique of the Religion of Free Trade Part 2. The Substantive Alternative: Ethical World Trade 1. Significance of Trade 1a) Trade is not an end but a means 1b) Alignment of world trade rules with the UN goals 1c) The UN as headquarters of international business law 2. For an Ethical Trade System within the United Nations 2a) Protecting the values and goals of the international community 2b) Infant industry policy and non-reciprocity between unequals 2c) Increasing the scope for democratic action 2d) Economic subsidiarity, autarky, regionalization and subsistence 3. A Pragmatic Alternative: The Common Good Balance Sheet Part 3. The Procedural Alternative: Sovereign Democracy 1. The centrality of democracy 2. The democratic genesis of international (business) law 3. Encouraging examples 4. Questions for the trade convention

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Author Information

Christian Felber is an Austrian alternative economist and university lecturer. He is an internationally renowned speaker, author of several award-winning bestsellers and a regular commentator on ethics, business and economics in various media. He co-founded the NGO Attac Austria and initiated the Economy for the Common Good as well as the planned Bank for the Common Good, which will be Austria's first ethical finance institute. His previous works include Change Everything: Creating an Economy for the Common Good (Zed 2015).

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