
Fast fashion is a form of overproduction
Fast fashion is an industry that produces a high volume of
clothes at cheap prices. Many of these garments use low-quality,
non-biodegradable synthetic fabrics. As a result, they take hundreds or
thousands of years to decompose. Furthermore, these garments are produced in
developing countries and often feature unethical labor practices. This means
that workers are paid deplorable wages and work in unsafe conditions.
Fast fashion also leads to the creation of a landfill full
of discarded clothing. In the last 20 years, clothing production has doubled,
amounting to one garbage truck full every second. In addition to creating huge
amounts of waste, the industry is also notorious for ignoring environmental
standards and polluting the environment.
Fast fashion
The fashion industry is prone to overproduction, which
causes additional losses for companies. In addition to depreciating the value
of their products, they have to pay for warehousing and logistics costs. In
some cases, they end up burning unsold products to avoid these costs. This also
affects brand reputation and consumer satisfaction. Moreover, overproduction is
harmful to the environment. Not only does it contaminate the soil and water,
but it also contributes to the deterioration of entire ecosystems.
Fast fashion is also a form of overproduction. As the
industry is built on impulse purchases and short-term trends, companies
overproduce to meet these demands. Many of these garments are then sold at
reduced prices.
It is a form of overproduction
In 1989, the Wall Street Journal reported that there was
overproduction in the U.S. market and other industries. As a result, hundreds
of thousands of workers lost their jobs, and close to twenty million people
faced starvation. But, to the capitalists, overproduction was a necessary evil,
to sell farm equipment at a profit.