Cheap labour + government aid = corporate profits?

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Recently published reports in the UK and US highlight how low wage employers are being subsidised by the social welfare system in what is effectively a transfer from taxpayers to shareholders. While this link is clear within developed countries, it is possible to argue that a similar, albeit less direct, effect is also occuring in developing countries.

This blog post will explore whether corporates headquartered in the developed countries effectively receive similar subsidies as a result of paying low wages in developing countries. Is foreign aid actually funding corporate profits?

Continue reading “Cheap labour + government aid = corporate profits?”

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Cheap labour + government aid = corporate profits?

Spot the difference: Nestle’s confusing cocoa plan

Kit Kat

On a recent trip to Germany, I was surprised to notice that the Fairtrade mark was missing from a Kit Kat chocolate bar I saw in the supermarket. So I picked up the bar to take a closer look and realised that I unfortunately, I wasn’t mistaken – Kit Kat is not Fairtrade certified in Germany in contrast to the variety sold in the UK. It seems that not all Kit Kats are created equal.

So I decided to take a closer look at how Nestle, the producer of Kit Kat in the UK and Germany (and many other European countries), approaches the matter of using cocoa sourced on fair and sustainable terms. Unfortunately, I’m still a little confused. Consistency and transparency are required in order to provide confidence for consumers.

Continue reading “Spot the difference: Nestle’s confusing cocoa plan”

Spot the difference: Nestle’s confusing cocoa plan