I wonder if a fair trade style label would help with this problem, allowing farms that provide higher wages to charge more for their products and consumers to h

I wonder if a fair trade style label would help with this problem, allowing farms that provide higher wages to charge more for their products and consumers to have the option to support that or to purchase other cheaper options as their budget and preferences dictate. I know that I have adjusted my purchasing based on organic/grass-fed, etc. labels. I know those aren't perfect, but I hope that they lead to increasingly sustainable/ethical options in the future.