Wealth and Deprivation: Ready-made Garments Industry in Bangladesh

By Anu Muhammad, One Struggle
May 1, 2013

Anu Muhammad is with the Department of Economics, Jahangirnagar University, Dhaka, Bangladesh. This is a brief excerpt of his article, reprinted with permission. For the full text please see meghbarta.info

Bangladesh’s ready-made garments industry has taken the low road to competitive advantage. Local capitalists, the big retailers and western governments are reaping the benefits of the super-exploitation and repression of the (mostly women) workers. Inevitably, the resistance of the victims is taking shape. The annual turnover of the readymade garments (RMG) industry in Bangladesh is now almost $9 billion; it employs around 3.5 million workers, more than 80% of them women. RMG account for nearly 80% of the country’s export earnings and are the second largest source of the nation’s foreign currency after remittances.

According to official estimates, nearly 4,500 garment factories are now in operation in the country, some of these factories work as subcontractors of the bigger ones. Over 70% of these factories are located in and around Dhaka, the capital city. The rapid expansion of this export-oriented industry has given the industrial sector a new landscape. The RMG industry has also created a huge labour force, mostly women, with lower wages and severe regimentation. Many workers were tortured and killed for their attempts to organise struggles for rights and decent levels of living. [...]

Read the full article:
http://onestruggle.net/2013/05/01/wealth-deprivation-ready-made-garments-bangladesh/