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  2. Equal Exchange - Wikipedia

    en.wikipedia.org/wiki/Equal_Exchange

    Equal Exchange is a for-profit, Fairtrade, worker-owned cooperative headquartered in West Bridgewater, Massachusetts. Equal Exchange distributes organic , gourmet coffee , tea , sugar , bananas , avocados , cocoa , and chocolate bars produced by farmer cooperatives in Latin America , Africa , and Asia .

  3. Equal Exchange Trading - Wikipedia

    en.wikipedia.org/wiki/Equal_Exchange_Trading

    Equal Exchange Trading is a UK-based alternative trading organisation. Equal Exchange is a worker's cooperative distributing food and beverage products in the independent natural food sector. The organization's origins stretch back to 1979 "when three voluntary workers returned to Edinburgh after working on aid projects in various parts of ...

  4. Labor theory of value - Wikipedia

    en.wikipedia.org/wiki/Labor_theory_of_value

    Adam Smith held that, in a primitive society, the amount of labor put into producing a good determined its exchange value, with exchange value meaning, in this case, the amount of labor a good can purchase. However, according to Smith, in a more advanced society the market price is no longer proportional to labor cost since the value of the ...

  5. Law of value - Wikipedia

    en.wikipedia.org/wiki/Law_of_Value

    At the most basic level, this Ricardian law of value specified "labor-content" as the substance and measure of economic value, and it suggests that trade will—other things being equal—evolve towards the exchange of equivalents (insofar as all trading partners try to "get their money's worth"). At the basis of the trading process is the ...

  6. Unequal exchange - Wikipedia

    en.wikipedia.org/wiki/Unequal_exchange

    Unequal exchange is used primarily in Marxist economics, but also in ecological economics (more specifically also as ecologically unequal exchange), to describe the systemic hidden transfer of labor and ecological value from poor countries in the imperial periphery (mainly in the Global South) to rich countries and monopolistic corporations in the imperial core (mainly in the Global North) due ...

  7. Equation of exchange - Wikipedia

    en.wikipedia.org/wiki/Equation_of_exchange

    That is to say that, if and were constant or growing at equal fixed rates, then the inflation rate would exactly equal the growth rate of the money supply. An opponent of the quantity theory would not be bound to reject the equation of exchange, but could instead postulate offsetting responses (direct or indirect) of Q {\displaystyle Q} or of V ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  9. Social exchange theory - Wikipedia

    en.wikipedia.org/wiki/Social_exchange_theory

    Social exchange theory is a sociological and psychological theory that studies the social behavior in the interaction of two ... Other rewards and costs equal, they ...

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