Monopsony Capitalism and Worker Power in the Global Garment Industry
The pandemic and its economic effects have accelerated many of the changing dynamics that I outline in 'Monopsony Capitalism: Power and Production in the Twilight of the Sweatshop Age'. Indeed, the COVID-19 crisis lays bare the consequences of years of overreach by global brands as well as the growth, consolidation and organisation of suppliers in the apparel industry.