Prof. Michael Northcott - Fair Trade or Free Trade? Competing Moral Economies in a Changing World
4,154 views · Published 22 November 2013 · 1:23:35 · Indexed 20 September 2026
Channel: The University of Edinburgh · 2013 · Education
Professor Michael Northcott, Professor in Ethics, presents "Fair Trade or Free Trade? Competing Moral Economies in a Changing World". In this lecture Professor Michael Northcott explains how the ideas and methods of Adam Smith and other political economists underwrite the global 'free trade' project. He contrasts these with the principles and practices of 'fair trade', and in particular the ethical emphasis in fair trade on transparency in producer-consumer relationships and on traceability in local and global supply chains. We discover that fair trade practices and principles challenge the claim of mainstream economists that their models of free trade are value free, and we will explore the potential of fair trade principles in promoting a new ethical paradigm of a just and sustainable economy. Recorded on 19 November 2013 at the University of Edinburgh's Appleton Tower.
More from this channel
-
0:51
Interview with Professor Peter Higgs
-
0:48
Gene study offers clues for drug development
-
4:51
Links to Africa highlighted
-
3:37
Breast cancer unit celebrates first year
-
3:31
40 years of innovation
-
1:09:24
Prof. Charlotte Clarke - The Experience of Living With Dementia
-
3:06
Jennifer Dodoo - A Nanotech Biosensor for Gout