SPEAKER: I’m happy to see so many
people here tonight to participate in our lecture series on consumer awareness.
Last week we talked about home buying, and this week we are going to discuss a
topic of great relevance to our generation: ethical consumerism.
Without a doubt, globalisation
has changed the consumer landscape. We’ve all joked about how impossible it is
to find items in a store that are not made in China. So, it’s no secret that international trade
has increased competition in many markets, and has resulted in the monopoly of
certain industries by countries with the ability to produce more for less. This
isn’t necessarily a negative development. After all, competition can be
good...it results in lower prices for us, the consumer, right?
But there’s a dark side to the
global market, and that’s exploitation. Our demand for cheaper products is
fuelling unethical business practises that prioritise profit over human,
animal, and environmental well-being. Sweat shops, factory farming,
deforestation...these are the realities behind those seemingly amazing deals at
the mega stores.
One way we can counteract this
trend is to become ethical consumers. What are ethical consumers, you ask? They
are people who make consumer choices informed by morals and an orientation
towards social responsibility. Basically, ethical consumerism posits that
spending money is like voting. Every time we spend money, we are making a
statement about the kind of world we want to live in. If we buy products made
in factories where workers are paid well and treated fairly, we are supporting
an equitable and ethical economy. On the other hand, if we purchase products
that were made with materials or methods harmful to the environment, we are
participating in environmental destruction. And ultimately, we are the ones who
have to live in the kind of world we create. So why not make a positive one?
But how can we do that? Well,
that’s what we’re going to talk about for the rest of our time today. I’m going
to offer you some advice on how to become an ethical consumer. Then we’ll leave
some time at the end for discussion and questions.
Perhaps
the most familiar method of ethical consumerism is the purchasing of organic
products. We’re talking about food, clothing, cleaning products, and much more.
Not only are organic products more conducive to your health, but buying them
also supports more sustainable agricultural and production methods.
Take,
for example, organic produce. It is more nutrient-dense, tastes better, and is
safer for human consumption. But growing organic produce is also good for the
environment, as it requires farming practises that promote healthy soil. So,
you are really choosing sustainability when you purchase organic products.
Right...so, how things are
made is just as important as what is made. That is why ethical consumers care a
lot about production labour. You’ve all heard the term “fair trade,” no doubt.
Fair trade is a social movement that advocates for high social and
environmental standards for producers in developing countries. There are
several fair trade organisations that act as licensing agencies for products
and business adhere to certain standards. The most prominent is, um...Fairtrade
International. The standards that Fairtrade International and other such
organisations uphold include good working conditions and locally competitive
wages for employees, and fair trading prices for products and services from
small businesses.
Basically, fair trade
standards protect the little guys from being exploited by large, wealthy buyers
in the developed world. You can support such economic standards by looking for
the Fairtrade label.
Of course, it’s a lot simpler to know if you are purchasing
ethically produced goods if you buy locally. As our world becomes increasingly
complex, people are more and more overwhelmed by the effort needed to
investigate producers half across the globe. That’s why consumers are returning
to locally made goods, even if they are slightly more expensive. It’s a lot
easier to look into the practises of local businesses, both small and large, and
to make informed choices about which ones to support. If somebody is exploiting
their employees, you’ll hear about it. And these sorts of checks and balances
are really at the heart of ethical consumerism.