Buying stock in a multinational corporation building a manufacturing plant in a poor country would help its workers more than fair trade premiums, because the capital-intensive enterprise raises the marginal product and wages of factory workers, and as people leave coffee plantations for factories, coffee workers' wages get bid up too.
causalpending
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Mike MungerEvidence Quote
“that's bound to be more helpful to workers in that country then keeping them as coffee slaves”
Created: 6/17/2026, 10:31:24 AM
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