what fair trade laws?
there are none
big firms get pulled up over sweatshop labour all the time, all they get is bad publicity, no fines, no jail, they can even continue to use their existing suppliers and sit out the public outrage.
fair trade and the fair trade mark is more of a publicity gimmick sold to gullible people to justify higher prices for products, it isn't a legal requirement, it isn't even a moral requirement, for all you know the Pandora's mould factory is a shining example of good worker relations and pay.
almost everything you buy is (thanks to the global economy) made in some country with lower standards of living, cos that's how they pay the staff less and work em harder, there is no fair trade, all they do is rip em off slightly less than they would have otherwise, that's what has to happen when things are being sold for almost nothing and you are expected to buy a new device every other year.
the whole world is running to stay on top of a drum over a pit of fire, and the more they run the faster the drum goes, and thanks to the Banking industry we nearly all slipped and fell in, have you any idea what would happen to the world if we stopped consuming, it wasn't the banks that where to big to fail, it's the simple fact that if we had something like the great depression again the whole lot of us would be buggered, massive job losses, starvation, riots, instability, a massive drive towards war, since people would want food, land, all they had before the fall.
fair trade is a nice idea, but it's gonna be years before the third world gets to western standards, and then what?, if they have the same living standards and wages, well, we might just as well make things right here at home, it's more energy efficient, hence cheaper, so they all end up with a huge recession as the west takes back it's production, big instability time again, more tension etc
current economic practice and models are just dumb, they need to sort this out, the only way the current system can continue to work is if the whole world keeps expanding production indefinitely, do you see the problem with that?, devices the last few years are already cheaper than they ever where, what are you gonna do if you need to keep buying ever more and more stuff to keep up with production?, where do the resources come from?, where do you find the space to park all your cars/motorboats/planes/bikes/computers/50"tv's etc? , with the worlds population on the rise all the time?
we need a long term plan, but all our financial thinkers do what exactly?, more of the same old same old stuff, the economy isn't even back on it's feet yet and they are patting themselves on the back, organising coke and hooker parties, and paying themselves millions in bonuses while declaring record profits, good use for all that bailout money....eh?