Economic Shifts in Michigan and China Dictate Need for Socially Responsible Businesses

Amy K. Bergstraesser, Vol. 36 Associate Editor

Introduction

The experience of large economic shifts often sparks the need for more than some governments can or are willing to deal with. Social welfare systems deteriorate and the gap between the rich and the poor grows, causing concern and strife. Recently, businesses have been called on to pick up the pieces. Eastern Michigan, on the brink of recovery from a huge economic downturn, has looked to smaller-scale grassroots ways of revitalizing the economy. Continue reading

Rana Plaza and the True Price of Fashion

Neha Khandhadia
Vol. 37 Managing Editor
Vol. 36 Associate Editor

Consumers of all ages flock to stores like H&M, Forever 21, Zara for the latest trends at bargain prices. What they do not realize is the price that is really paid to produce their bargain buys. The “fast fashion” industry is experiencing a rapid race to the bottom. “Fast Fashion” is an industry is built on getting fashion’s latest trends to the market quickly and at bargain prices. Companies continuously look to the next country with the lowest wages and labor standards for production. For example, as of mid-2014, Gap Inc. is the first American retailer to move production to Myanmar[1] and H&M is currently moving its production to Ethiopia.[2] Companies’ desire for lower prices has exacerbated terrible working conditions.  These terrible working conditions have led to deaths in the garment industries that produce clothes for “fast fashion” giants. And despite the worst accident in the garment industry just two years ago, little has changed. Continue reading