The Ethics of Trade and Aid

This philosophical examination of trade and aid argues that a compassionate, rational and humane engagement with the global economy could lead to a better world. International development is now more topical than ever. Billions of dollars have been given in grants or spent on the infrastructure of the development industry. The global aid and trade industry is gigantic and high-profile. It is also hugely controversial. Trade deals are accused of being 'unfair'. Aid agencies are suspected of wasting funds, or engaging with corrupt regimes, or encouraging dependency. Despite the vast amounts of political capital spent on international development, it remains unclear what works and what doesn't. Global inequality remains stark. Economic analysis can help resolve some of these issues. But some of the questions raised are of a more fundamental nature. They are issues of fairness, equity, right and wrong. "The Ethics of Trade and Aid" demonstrates how political philosophy provides us, with insights often passed over in modern development jargon. Christopher Wraight scrutinises the trade and aid industry through the lens of philosophy and ultimately shows that a compassionate, rational and humane engagement with the global economy does hold the promise of a better, more equal life. "Think Now" is a new series of books which examines central contemporary social and political issues from a philosophical perspective. These books aim to be accessible, rather than overly technical, bringing philosophical rigour to modern questions which matter the most to us. Provocative yet engaging, the authors take a stand on political and cultural themes of interest to any intelligent reader.