Reverse subsidies in global monopsony capitalism: gender, labour, and environmental injustice in garment value chains

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 cos...

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Bibliographic Details
Main Author: Nathan, Dev ca. 20./21. Jh (Author)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 2022
Series:Development trajectories in global value chains
Subjects:
Online Access:BSB01
FWS01
FWS02
UBG01
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Summary: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
Item Description:Title from publisher's bibliographic system (viewed on 21 Jan 2022)
Physical Description:1 Online-Ressource (xv, 296 Seiten)
ISBN:9781009058179
DOI:10.1017/9781009058179