Monday, December 2, 2013

Garments & Bengladesh - What a Mess.

A fellow asked me at a seminar about the building collapse in Bengladesh, a matter of utter horror, and its relation to the garment import business.  I wondered at how if a garment maker leases a building to produce goods, isn't the fact the landlord built a building that feel down make the garment maker a victim too?  If you have a nice coffee shop and the space you rent falls down, are you a victim?  It would be useful to know who owns the building.

One problem is news stories are now content-free.  There is no way to make head or tails out of a story because there is no information.  Building fell down.  Many died.  That is it.  Everything else is supposition.  Twenty kids dead.  Lone nut shooter.  That is it, no more info.  Next.

1100 people died in the April collapse, and not a single article addressed the problem. A fire this week destroyed production capacity in BanglaDesh, but notes exports from Bangladesh are up 24% q3-yoy.  Much tut tut going on, but not a single article addresses the problem why people are exploited, live in dangerous conditions, paid so low and so on.

The reason is simple: it is impossible in Bangladesh for a small group of people or person to gather some machines and go into business of creating garments and exporting.  There is no way you can overcome the requirements to export in the People's Republic of Bangladesh.  You can ask your Chief Controller for help, and good luck. Western educated in elite schools, with follow up work in Petroleum Executive programs in USA, the leadership links up to the Western elite leadership to promote "get big or get out."

The solution to the problem is freedom.  Not a single article on the challenges individuals face in trading freely from Bangladesh.

I had to look long and hard through the few rags I wear to find a pair of shirts made in Bangladesh.  I recall buying them at JCPenney in 2009 when that company was slashing prices to move dead inventory.  I think they were like $8 a piece and exceptional quality, sort of a Levi's style shirt.

But that is all I have from Bengladesh, everything else pretty much tailored or otherwise better quality, since you get what you paid for.  But as I said, in this instance the quality was exceptional for the deep discounted price.  It shows Bangladeshis can do excellent work.

There is a solution to the problem, one too horrifying for the government owned media to contemplate, and that is freedom.  Far better to have the occasional horror upon which to report, and then offer a holier than thou tut tut.

This is is a problem for the Bangladeshis to solve.  Learn from Hong Kong!

An excellent hour and a half, with the message at one hour 33 minutes...

http://vimeo.com/66413717

Feel free to forward this by email to three of your friends.


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