The following documentary "de eerlijke onderneming" [1] was broadcasted on Dutch TV. The title translates to "the fair company", there's a lot of English in it as well. It is about a man, Bas van Abel, who started a company called Fairphone. He tried tried to source a phone of completely fair materials. That means that all the materials including the cobalt and the little technical parts are paid fairly for, as well as the people who made them.
What I learned from the documentary is that you can't change overnight a huge system (like, how little rights people in China have, how production in China cannot be avoided, or the gang wars and child labour in Africa) even if you want to. You need to lower your standards to the status quo of the social environment you are working with, and improve it from there, little by little. Plus, you will experience setbacks. Also, his goal was pretty much impossible for various practical reasons so he had to lower expectations.
Their profit margins are very low for standards (IIRC < 10 EUR per smartphone), yet the price/performance of the phone is also low compared to flagship devices like latest SGS or iPhone. Playing devil's advocate this means that, by definition, every owner of a smartphone is doing less good than Fairphone, and now that you know the above, you "know you are a monster". One could even argue Fairphone are monsters since they profit.
For the record, I wouldn't put it like this. I think there's a lot of shades between such harsh, black and white statements.
[1] http://www.vpro.nl/programmas/tegenlicht/kijk/afleveringen/2...