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Title: Reverse subsidies in global monopsony capitalism: gender, labour, and environmental injustice in garment value chains
Authors: Nathan, Dev
Bhattacharjee, Shikha Silliman
Rahul, S.
Kumar, Purushottam
Dahagani, Immanuel
Singh, Sukhpal
Swaminathan, Padmini
Keywords: Economics;Labour Economics;Political Economy;Politics and International Relations;Economic Development and Growth;International Business;global brands;monopsony position;freshwater;cotton production;untreated waste disposal;higher profits;gendered labor
Issue Date: 14-Sep-2022
Publisher: Cambridge University Press
Citation: Nathan, D., Bhattacharjee, S. S., Rahul, S., Kumar, S., Dahagani, I., Singh, S., & Swaminathan, P. (2022). Reverse subsidies in global monopsony capitalism.
Abstract: 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"
ISBN: 9781009058179
Appears in Collections:Books

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