Hire writer
Paper Types
Disciplines

The Garment Industry in the Restructuring of Global Economy, Article Review Example

Pages: 1

Words: 565

Article Review

The article discusses the global restructuring of world economy.  The article argues that globalization is the manufacturing and production of goods that relocate from a highly industrialized country to a new industrialized location and then onto an even lesser industrialized country.  The garment industry in the restructuring of the global economy depends on manufacturing based on cost, quality, and turn-around time.  These jobs are fought over, and the employees are the ones who often end up exploited as a result of globalization.

In summary, the restricting provides a new type of corporation that organizes manufacturing in multiple locations. They make the decisions on locations based on the profit-making stipulations void of governmental input.  The biggest results of global restructuring, socially, are the mixing of farmers and peasants into the economy.  The articles describes “first generation wage-workers” move between both noncapitalist and capitalist divisions.  Through this employees are often exploited and required to work with low pay and difficult conditions.  Eventually these workers are unable to survive and move to more developed countries with the desire to find better options.

The fashion industry typically pursues the industrialization, a way to manufacture products at a cheaper price with the intention of exporting them.  The goal of these companies is to mimic countries such as South Korea, Japan, Singapore, and Taiwan.  This way they can climb up the economic hierarchy as well. There are both pros and cons to the implementation of globalization.  The biggest benefit is the greater production of a much lower-cost, higher quality good.    These products can be developed in less-developed countries which in turn builds their economy.  This also gives these workers advances in their profession, opening up the door for other jobs and for the global market to increase.

Government, economist, and corporations utilized free trade and the open market to influence decision making regarding economics, making it a dominant ideology.  On the negative side, there is a negative impact on class stratification.  Young women have the highest demand of corporations and capitalists. Countries fight for business by repressing employees movements by operating under low-cost, strict, and unorganized work force.  Employees accept less than adequate jobs as a means to merely make a living. This weakens the working class which makes them more attractive to the foreign capitalists.  There is both good and bad associated with both sides of globalization.  Believing in economies profit from globalization and the benefits they bring, while the individuals who are forsaken by the economy can do nothing about it.

Globalization in the fashion industry is growingly common. It has been implemented for years and the process has continued to be utilized. “International trade in apparel reached $276 billion in 2005, about 2.7 percent of the world’s merchandise trade. In 2005, Americans bought one billion garments made in China, which is about the equivalent of four garments per U.S. citizen.”(Fashion Globalization) Countries use outsourcing location change location to remain competitive and save a dollar.  This is not a new concept, and it will continue to evolve.  The workers will continue to work for low wages, while businesses continue to fight for their location to be utilized.   Exploiting workers will continue to go on as globalization evolves so will the restructuring.

References:

Bonachich, Edna; Lucie Cheng; Norma Chinchilla; Nora Hamilton; and Paul Ong. “The Garment Industry in the Restructuring Global Economy”.  Understanding Society, 2005. Print.

“Fashion and Globalization”. The Levin Institute, 2008. 20 Nov. 2012. Web.

Time is precious

Time is precious

don’t waste it!

Get instant essay
writing help!
Get instant essay writing help!
Plagiarism-free guarantee

Plagiarism-free
guarantee

Privacy guarantee

Privacy
guarantee

Secure checkout

Secure
checkout

Money back guarantee

Money back
guarantee

Related Article Review Samples & Examples

Loneliness in Odyssey, Article Review Example

The Odyssey is perhaps one of the greatest epic stories ever told.  The reader is taken on the adventures of Odysseus as he encounters many [...]

Pages: 1

Words: 723

Article Review

Abolition of Death Penalty, Article Review Example

Although nature by itself delivers justice according to its own laws, mankind is the only life form which has developed itself into an intricate social [...]

Pages: 1

Words: 1533

Article Review

Family and Kinship, Article Review Example

Family structures throughout the world are very different from one another. What one culture may consider right or just, another culture might consider abhorrent or [...]

Pages: 1

Words: 505

Article Review

From Women and the New Race, Article Review Example

The 1920 essay by Margaret Sanger, “From Women and the New Race,” proposes the means of birth control for women.  This is not an irrational [...]

Pages: 1

Words: 851

Article Review

Her Choice Her Problem, Article Review Example

Richard Stith maintains that male responsibility does not end at conception.  Men can only choose the sex not fatherhood.  Women alone make the decision whether [...]

Pages: 1

Words: 553

Article Review

Communism Unmanifested, Article Review Example

The Communist Manifesto was a document written by Karl Marx and Friedrich Engels so as to explain the theories fundamental to communism as well as [...]

Pages: 1

Words: 3143

Article Review

Loneliness in Odyssey, Article Review Example

The Odyssey is perhaps one of the greatest epic stories ever told.  The reader is taken on the adventures of Odysseus as he encounters many [...]

Pages: 1

Words: 723

Article Review

Abolition of Death Penalty, Article Review Example

Although nature by itself delivers justice according to its own laws, mankind is the only life form which has developed itself into an intricate social [...]

Pages: 1

Words: 1533

Article Review

Family and Kinship, Article Review Example

Family structures throughout the world are very different from one another. What one culture may consider right or just, another culture might consider abhorrent or [...]

Pages: 1

Words: 505

Article Review

From Women and the New Race, Article Review Example

The 1920 essay by Margaret Sanger, “From Women and the New Race,” proposes the means of birth control for women.  This is not an irrational [...]

Pages: 1

Words: 851

Article Review

Her Choice Her Problem, Article Review Example

Richard Stith maintains that male responsibility does not end at conception.  Men can only choose the sex not fatherhood.  Women alone make the decision whether [...]

Pages: 1

Words: 553

Article Review

Communism Unmanifested, Article Review Example

The Communist Manifesto was a document written by Karl Marx and Friedrich Engels so as to explain the theories fundamental to communism as well as [...]

Pages: 1

Words: 3143

Article Review