In 2000 the giant money reserve contained $36 trillion and has since doubled since 2008 (Blumberg 2008). Its most recent increase in profits is the result of developing countries and cities such as India, Abu Dhabi and China profiting from the production of garments and textiles. This financial gain was due to the Multi-fibre Arrangement Agreement (MFA) which limited the amount of allowances a developing country could export to a developed country expiring on January 1, 2005 (Dicken, 2011). The purpose of this agreement was to protect exploited workers in developing countries while maintaining the capitalist economy of developed countries. Capitalism is thought of as a system of commodity exchange. A commodity is simply something useful that enters the market and is available for purchase at a price. Three factors that drive capitalism are natural resources, labor, and finances (Coe, Kelly, and Yeung, 43-7, 225). The content and themes shown in Planet Money T-Shirt Project, the world behind a simple t-shirt in five chapters, explores theories and concepts related to capitalism and global production...
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