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03938aam a22004578i 4500 001 32D0193486E611EB80D4A9DB35ECA4DB 003 SILO 005 20210317010020 008 200122s2020 enk b 001 0 eng 010 $a 2020001952 020 $a 110873197X 020 $a 9781108731973 035 $a (OCoLC)1137753065 040 $a DLC $b eng $e rda $c DLC $d OCLCO $d OCLCF $d YDX $d SILO 042 $a pcc 043 $a d------ 050 00 $a HD2339.D44 $b K86 2020 082 00 $a 331.209172/4 $2 23 100 1 $a Kumar, Ashok, $d 1984- $e author. 245 10 $a Monopsony capitalism : $b power and production in the twilight of the sweatshop age / $c Ashok Kumar. 263 $a 2004 264 1 $a Cambridge, United Kingdom ; $b Cambridge University Press, $c 2020. 300 $a pages cm. 490 0 $a Development trajectories in global value chains 504 $a Includes bibliographical references and index. 520 $a "Monopsony Capitalism explores the combination of capital's changing composition and labour's subjective agency to examine whether the waning days of the 'sweatshop' have indeed begun. Focused on the garment and footwear sectors - which epitomize the leading edges in the advance of globalization and the spread of vertically disintegrated value chains - the book introduces a universal logic that governs competition and reshapes the chain. Simply put, deregulation produces high degrees of monopsony power, increasing the value share for the lead firm. This intensifies competition, exerts downward pressure, and winnows the number of suppliers able to compete. The result is supplier-end consolidation. Consolidation increases the surviving suppliers' share of value, which expands access to finance, facilitates self-investment, and raises entry barriers. In 2005, the regulatory regime that had once enforced a degree of spatial inflexibility finally dwindled to nothing with the phase-out of the Multi-Fibre Agreement (MFA). The subsequent emergence of market spatial inflexibility, which gives labour new openings, occurs with free, unrestricted flows between supplier and buyer. This book analyses workers' collective action at various sites of production primarily in China, India, Honduras, and United States, and secondarily in Vietnam, Cambodia, Bangladesh, and Indonesia. It observes how this internal logic plays out for labour who are testing the limits of the social order, stretching it until the seams show, and making it possible for bosses to come to the proverbial table, hat in hand, to hash out agreements with those who assemble their goods. By examining the most valorized parts of underdeveloped sectors, one can see where capital is going and how it is getting there. The findings contribute to ongoing strategies to bolster workers' bargaining power in sectors plagued by poverty, powerlessness, and perilous workplaces. Indeed, with these changes in global capitalism and a capable labour movement, there's hope yet that workers may close the gap"-- $c Provided by publisher. 650 0 $a Sweatshops $z Developing countries. 650 0 $a Clothing trade $z Developing countries. 650 0 $a Clothing workers $x Labor unions $z Developing countries. 650 0 $a Monopsonies. 650 0 $a Capitalism. 650 7 $a Capitalism. $2 fast $0 (OCoLC)fst00846425 650 7 $a Clothing trade. $2 fast $0 (OCoLC)fst00864754 650 7 $a Clothing workers $x Labor unions. $2 fast $0 (OCoLC)fst00864818 650 7 $a Monopsonies. $2 fast $0 (OCoLC)fst01025691 650 7 $a Sweatshops. $2 fast $0 (OCoLC)fst01139991 651 7 $a Developing countries. $2 fast $0 (OCoLC)fst01242969 776 08 $i Online version: $a Kumar, Ashok, 1984- $t Monopsony capitalism $d Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2020. $z 9781108764810 $w (DLC) 2020001953 941 $a 1 952 $l OVUX522 $d 20231020021340.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=32D0193486E611EB80D4A9DB35ECA4DBInitiate Another SILO Locator Search