Summary Of The Travels Of A T-Shirt

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A Review of The Travels of a T-Shirt in the Global Economy When a Georgetown business professor picks up a clearance t-shirt and embarks on a journey around the globe, a world of international trade and globalization is unlocked. Author Pietra Rivoli is a longtime professor with specialized knowledge in international business, finance, and social issues. The Travels of a T-Shirt in the Global Economy documents the process in which a t-shirt is made: from cotton production and manufacturing to entering and reentering the market. America has managed to stay on top of the global industry for over 200 years, despite the fact that in most industries, dominance is short-lived (Rivoli 5). The secret to the cotton farmer’s success is government support. …show more content…

America’s demand for cheap clothes and China’s demand for cheap cotton are a match made in heaven. After China reopened its doors to the world after the transition to Communism, factories were state-owned. The Chinese state exploits the powerless, through the hukou system. Each citizen is registered to specify where they live, and what jobs they have. People with a rural hukou are ‘second-class’, and often migrate to the city to try and work in factories (Rivoli 106-107). Workers in the he yarn and fabric factories work long hours doing dull, repetitive jobs in dangerous conditions. The crushing central planning and human labor left no room for innovation, so the private sector, where innovation is valued, has nearly quadrupled in size (Rivoli 85). Widespread cheating and deception, are becoming common in order to keep costs low, creating a ‘race to the bottom.’ While trying to get on top, factories have destroyed many basic human rights, as well as the environment. It has become commonplace to read news articles about dumping waste into rivers, clear-cutting forests for industrial sites, and heavily polluted air. The humans have hurt the environment, and it may seem as though Mother Nature is trying to bite back. Respiratory diseases from smog and toxic chemicals contaminating drinking water are examples of the environment affecting …show more content…

I would recommend this book to my dad. It leaves the reader thinking, and imparts several worthwhile lessons about how humans shape the environment, politics, and the economy. Economics and politics are extremely intertwined. If one wishes to be an informed, politically active citizen, an understanding of economics is key. On the flip side, economists need to have a knowledge of politics to understand trade regulations, foreign actions, and international business. Just as America uses economic access as rewards to her allies, revoking economic access can be used as a ‘punishment.’ For example, in the recent months Russia annexed Crimea, and has threatened Ukraine. United Nations members, including America, have placed sanctions against Russia, to show that they do not condone Putin’s actions. The goal with these sanctions is not to damage the economy, but rather put pressure on Russia, in hopes to influence Putin’s next action. Sanctions, boycotts and blockades have had a long history throughout the world as protest strategies and political statements, just as economics and politics have been intertwined since the beginning of modern

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