3 ms·
> If you think you're not being paid enough, increase the price along with creating your own products. Who makes that decision? Cocoa slavery is a thing becaus
by austincheney 6y ago
> If you think you're not being paid enough, increase the price along with creating your own products.
Who makes that decision? Cocoa slavery is a thing because the economics of raw material pricing is complicated by many factors but the demand is very simple and very high.
- sokoloff 6y agoThe (effective) demand for beans produced in Ghana just went way down with this policy enactment though, right?
- austincheney 6y agoI doubt it. If anything it will restrict market availability which will only increase demand, but the best way to know is watch the price for beans.
- sokoloff 6y agoI agree that watching the market is the best way to judge the balance. I'd expect the price for beans as-delivered to Switzerland is likely to go up. The price for beans as-offered in Ghana is likely to go down. The latter matters more to Ghana cocoa farmers.
- fuzzfactor 6y agoThe farmers who make more money from the slavery aspect rather than the cocoa itself will move on to other crops.
- Mat342 6y agoIt's 2021, africans can abolish slavery if they want to