In: Economics
Pietra Rivoli’s “The Travels of a T-Shirt in the Global Economy” 2nd Edition)
Question : Detail summary of this book what is the main idea?
note: take your time I do not need the answers right away? thanks
Universal exchange can be a troublesome theme to discuss in
theory, yet when it is focused on a solitary item that advances
around the world through the span of its usefulness,the clumsy
issue of globalization is made vividly clear.
In The Travels of a T-Shirt in theGlobal Economy, business
professor PietraRivoli explores the politics and the human element
behind the globalization debate by tracking the life story of her
$6 T-shirt. Through the narrative of her T-shirt, Rivoli
demonstrates how the supporters and pundits of globalization often
distort the issues behind universal exchange.
The Markets, Power And Politics Of World Trade
Beginning in a West Texas cotton field, her T-shirt is enlivened in a Chinese factory;negotiated in Washington, DC; sold in aWalgreen's drugstore in Fort Lauderdale,Florida.; and in the long run advances toward a used dress market in Africa. Through the story of her T-shirt, Rivoli demonstrates how the promoters and pundits of globalization frequently distort the issues behind universal exchange .
People, Politics and Markets
At the point when Rivoli viewed a little exhibition against globalization at GeorgetownUniversity in 1999, she heard a lady rant into the mouthpiece about the terrible conditions in which a young lady in India isforced to make T-shirts for American consumers. Throughout the following quite a long while, Rivoli traveled a huge number of miles and crosswise over three continents to research reality behind the claims made by the youthful dissident. TheTravels of a T-Shirt in the Global Economy describes the people, politics and markets that created her own cotton T-shirt, and revealed the complex story of globalization inthe process. Rivoli clarifies that she composed herbook not to pass on ethics but rather to find them, and essentially observe where the tale of herT-shirt leads.
Rivoli states, "While my T-shirt's biography iscertainly
impacted by aggressive financial markets, the key occasions in the
shirt's life are less about focused markets than they are about
governmental issues, history and inventive moves to maintain a
strategic distance from business sectors."
She clarifies that the"winners" at different phases of her
T-shirt's life are "adroit not such a great amount at contending in
business sectors but rather at maintaining a strategic distance
from them," and the impacts of these moves to dodge markets can
have more harming consequences for the poor than market
rivalry.
The account of Rivoli's T-shirt, she composes, reveals"a story of the riches upgrading potential outcomes of globalization in certain settings yet a 'can't win' trap in others, a snare where influence lopsided characteristics and ineffectively working governmental issues and markets appear to fate the monetary fates."
Florida, China and Texas
After Rivoli got her T-shirt in Florida and came back to Washington, DC, she soonfollowed its tag to the Sherry ManufacturingCo. in Miami, one of the biggest screenprinters of T-shirts in the United States. Thereshe found that her shirt was one of around 25 million cotton T-shirts permitted into the United States from China under the U.S. Attire import amount framework in 1998. Next,she discovered that the cotton used to make the shirt had been imported to Shanghai from symer Texas.
While investigating how America has commanded the worldwide cotton industry for a long time, Rivoli found out about the sponsorships paid to U.S.cotton ranchers and, she composes, the"astounding pioneering inventiveness of theAmerican producers." She clarifies, "American cotton cultivators have adjusted their generation techniques, their promoting, their innovation, and their hierarchical structures to react to shifts in free market activity in the global commercial center." Rivoli includes that the most unfortunate nations on the planet are decades from accomplishing the dimensions of productivity found in every one of the components of the U.S. ranch frameworks.
The way pursued by the cotton in her T-shirt next took her over the United States to aship which withdrew from Long Beach,California, and landed in Shanghai. After itwas spun into yarn, sewed into material, cut into pieces and sewn into a T-shirt, a "Made inChina" name was attached to the neckline before it returned to America.
The last leg of her T-shirt's adventure took it toa Salvation Army receptacle in Bethesda, Maryland.,and on to a town in SubSaharan Africawhere it entered the utilized apparel exchange, and was purchased and sold by a little business person.
It moved toward becoming mitumba — dress tossed awayby Americans and Europeans, and worn by practically every one of the men and young men in that part ofTanzania. Toward the finish of its adventure, the T-shirtshowed Rivoli another side of worldwide exchange where little utilized apparel sellers supplant enterprises as the focal point of worldwide exchange and monetary popular government.
Why We Like This Book
The Travels of a T-Shirt in the Global Economy-presents an
account of globalization that not onlyprovides understanding into a
solitary item on its global venture through numerous economies, but
it additionally uncovers the general population who make a living
from that venture.
By telling the human tale underneath the financial matters and
governmental issues of globalization , Rivoli offers a
timely,compelling and pertinent story.