Reverse Subsidies in Global Monopsony Capitalism : Gender, Labour, and Environmental Injustice in Garment Value Chains
Book Details
Format
Hardback or Cased Book
Book Series
Development Trajectories in Global Value Chains
ISBN-10
1316512274
ISBN-13
9781316512272
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 26th, 2022
Print length
312 Pages
Weight
540 grams
Dimensions
16.10 x 23.70 x 2.70 cms
Product Classification:
Labour economics
Ksh 15,850.00
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This book provides a firm analytical base to discussions about justice and the unequal distribution of gains from global production utilizing the concept of reverse subsidies as the purchase of gendered labour and environmental services below their costs of production. These reverse subsidies are captured, by global brands.
This book provides a firm analytical base to discussions about injustice and the unequal distribution of gains from global production in the form of global monopsony capitalism. It utilizes the concept of reverse subsidies as the purchase of gendered labour and environmental services below their costs of production in garment value chains in India and other garment producing countries, such as Bangladesh and Cambodia. Environmental services, such as freshwater for garment manufacture and land for cotton production, are degraded by overuse and untreated waste disposal. The resulting higher profits from the low prices of garments are captured by global brands, using their monopsony position, with few buyers and myriad sellers, in the market. This book links the concept of reverse subsidies with those of injustice, inequality and sustainability in global production.
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