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The Economics of Human Rights

Using the Living Income/Fair Price Approach to Combat Poverty

  • Book
  • © 2020

Overview

Authors:
  1. Ruud Bronkhorst

    1. InfoBridge Foundation, Nijmegen, The Netherlands

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  • Provides an introduction to the Living Income / Fair Price approach, a price theory based on ethics and Universal Human Rights
  • Presents new insights into combining economic theory and ethics, and how to formulate policies to combat the roots of poverty
  • Focuses on the need to pay, and the possibilities for paying a decent price to smallholder farmers

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Table of contents (25 chapters)

  1. Front Matter

    Pages i-xxv
    Download chapter PDF

  2. General

    1. Front Matter

      Pages 1-1
      Download chapter PDF

    2. What Is ‘Fair’: Different Opinions

      • Ruud Bronkhorst
      Pages 3-5

    3. Ethics: Human Rights and Basic Needs

      • Ruud Bronkhorst
      Pages 7-9

    4. Concepts Derived from the Human Rights: Living Wage and Living Income

      • Ruud Bronkhorst
      Pages 11-22

    5. Fair Wages, What Does It Mean?

      • Ruud Bronkhorst
      Pages 23-26

    6. Are Market and Equilibrium Prices and Wages Ethical?

      • Ruud Bronkhorst
      Pages 27-30

    7. Living Wage, Living Income and Fair Price Further Explained

      • Ruud Bronkhorst
      Pages 31-34

    8. Poverty Lines: How to Use Them for Poverty Alleviation

      • Ruud Bronkhorst
      Pages 35-41

    9. How a Different Way of Calculating in the Production Chain Can Lead to a more Equal Share for All Stakeholders

      • Ruud Bronkhorst
      Pages 43-45

    10. How to Calculate Fair Wages

      • Ruud Bronkhorst
      Pages 47-48

    11. Effects of Payment of Fair Wages and Prices on Socio-economic Development

      • Ruud Bronkhorst
      Pages 49-58

    12. Conclusions on Economic and Social Effects

      • Ruud Bronkhorst
      Pages 59-60

    13. Broader Context

      • Ruud Bronkhorst
      Pages 61-63

  3. Agriculture

    1. Front Matter

      Pages 65-65
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    2. Introduction

      • Ruud Bronkhorst
      Pages 67-68

    3. About Necessity and Possibilities to Pay Fair Prices to Small Farmers

      • Ruud Bronkhorst
      Pages 69-73

    4. Fair Price for Agricultural Products

      • Ruud Bronkhorst
      Pages 75-77

    5. Steps to Be Taken to Calculate Fair Prices

      • Ruud Bronkhorst
      Pages 79-81

    6. Case Studies

      • Ruud Bronkhorst
      Pages 83-107
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Keywords

About this book

This book provides new insights into combining economic theory and ethics, and how to formulate policies to combat the roots of poverty. Since a large part of the world’s working population is underpaid, and does not have enough income to feed themselves and their families, there is a need for an alternative approach to producer prices than the usual neo-classical approach with its emphasis on market and equilibrium prices. This book is an introduction to the Living Income / Fair Price approach, a price theory based on ethics and Universal Human Rights. The book explains why there is a need for a paradigm change in our thinking about prices by explaining why the usual market prices rarely are equilibrium prices. Besides market disturbing elements like monopolies and oligopolies, the needs of the poorest parts of the population are not taken into consideration because they are not reflected in the effective demand. This means that the way our producers are paid needs a drastic overhaul,especially in a critical area like food production. An important part of the book is devoted to the need to pay, and the possibilities for paying, a decent price to smallholder farmers. The underpayment of small food producers means they have no possibility to invest and are not able to prepare for the future. This is even more pressing now that climate change demands that every farmer must adjust to changing circumstances and adapt new production methods. Although primarily meant for economists, the book meant also to stimulate discussion amongst those involved in agricultural policies, both in developing and developed countries.

Authors and Affiliations

  • InfoBridge Foundation, Nijmegen, The Netherlands

    Ruud Bronkhorst

About the author

Ruud Bronkhorst is a Rural Development Economist working on the issue of Fair Prices to small-scale producers.  He is Chairman of InfoBridge Foundation and Adviser to some small NGOs.  His work experience includes FAO, WFP, Dutch Ministry of Foreign Affairs and the Fair Trade Sector.


Bibliographic Information

  • Book Title: The Economics of Human Rights

  • Book Subtitle: Using the Living Income/Fair Price Approach to Combat Poverty

  • Authors: Ruud Bronkhorst

  • DOI: https://doi.org/10.1007/978-3-030-59166-3

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Author(s), under exclusive license to Springer Nature Switzerland AG 2020

  • Hardcover ISBN: 978-3-030-59165-6Published: 06 January 2021

  • eBook ISBN: 978-3-030-59166-3Published: 05 January 2021

  • Edition Number: 1

  • Number of Pages: XXV, 186

  • Number of Illustrations: 22 b/w illustrations

  • Topics: Agricultural Economics, Development Economics

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