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

By: Contributor(s): Material type: TextTextPublication details: Cambridge University Press New York 2022Description: xv, 295 pISBN:
  • 9781316512272
Subject(s): DDC classification:
  • 338.47687 NAT
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.
List(s) this item appears in: Public Policy & General Management
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC General Stacks Public Policy & General Management 338.47687 NAT (Browse shelf(Opens below)) 1 Available 002555

Table of Contents
1. Introduction
Part I. Framework:
2. Gender, labour and environmental justice in GVCs
3. Knowledge, global monopsony capitalism and labour
Part II. Factory:
4. Living wages and labour subsidies
5. Extractive labour subsidies: The overuse and discard of women's labour in garment production
6. Gender based violence as supervision
Part III. Household:
7. Rural subsidies
8. The household as production site: Homeworkers and child labour
Part IV. Environment:
9. Tiruppur: The environmental costs of success
10. Externalized costs of cotton production
Part V. Value Capture:
11. Value capture in global monopsony capitalism
12. Conclusion.

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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