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Donzé P: Capitalism’s Favorite Child

Capitalism’s Favorite Child

Global Fashion Business since 1850

List of figures List of tables List of boxes Acknowledgements Introduction 1. The emergence of the modern fashion business The global expansion of the commodity trade-wool, cotton, and silk Technological innovation-textile machinery, sewing machines, and artificial colors Standardization of sizes New consumption temples-department stores Conclusion 2. The rise of haute couture or high-end fashion The inventor of a new business: Charles Frederick Worth The heyday of French haute couture (1880-1939) Haute couture as a transnational industry Trade associations in haute couture Conclusion 3. Fashion for the masses Change in consumption habits Clothing industry around the world Networks and large factories Producing fabrics for the European colonies The internalization model in apparel retail: C&amp;A The outsourcing model: M&amp;S Conclusion 4. West meets East and the Rest How British cotton conquered the world and deindustrialized India Japan's Meiji Restoration, selective Westernization, and uniforms Forced opening of China, the Opium Wars, and the Westernization of Chinese culture Chinese and Japanese influences on Western fashion Wax fabrics connected Asia, Europe, and Africa Conclusion 5. American fashion Fur, cotton, and slavery Industrialization and textiles Ready-to-wear The rise of New York fashion The rise of denim Leisure and sportswear Conclusion 6. Fashion, fascism, and the Second World War Italian fascism, fashion, and fibers Nazi autarky, Aryanization, and artificial fibers Japan's fashion during the military dictatorship Paris fashion during the German occupation British-controlled fashion American independence from Paris Conclusion 7. Postwar fashion systems A new business model for Parisian haute couture US fashion industry-mass production, creativity and imitation The emergence of Italian fashion Western fashion and garments in Japan Growth of global apparel industry Conclusion 8. Global fashion: Outsourcing and the end of the production paradigm Global shifts in the textile and apparel industries The rise of global fashion companies Mediatization of fashion The Japanese way Fashion in developing economies Conclusion 9. Fashion conglomerates and fast fashion The rise of LVMH Financialization of luxury fashion brands Fast fashion-retail and production (Un)sustainability and fashion Conclusion 10. Sports to fashion Sportswear and casual style in the United States A German sports-shoemaker conquers Germany-and then the world Game changers-the rise of Nike and Reebok Near-death experience and revival of adidas Marketing of sportswear Fashionalization of adidas Conclusion 11. Digital fashion and global production networks Globalization and global production networks Fashion forecasting: WGSN (London) and Stylesight (New York) E-commerce, fast fashion, and the destruction of traditional retail Mediatization, bloggers, and influencers The Fourth Industrial Revolution in fashion Conclusion Conclusion References Index

Elements in Ancient and Pre-modern Economies

The Element reconstructs economic developments in state formation in Mesopotamia, from the 4th to early 3rd millennium BCE, trying to understand how interrelating environmental, social, economic, and political factors in the two main areas of Mesopotamia changed the structures of societies and transformed the relations between social components.

4th and 3rd Millennia BCE

Chalcolithic and Early Bronze Age Economies of Mesopotamia

Routledge International Studies in Business History

For two centuries, multinational enterprises (MNEs) have arrived in waves on Australia's shores. Highly visible and influential household names among them -Ford, IBM, Kodak, Electrolux, ANZ - but also many smaller, lesser-known enterprises. Foreign MNEs in Australia today account for almost half of our top 2000 firms and control over A$1.4 trillion of assets. There is much we do not understand about these important institutions, why they chose to invest here, how they entered, and why some firms survived for long periods, but others exited.The history of MNEs, more than most topics, is inextricably connected to international experience. Across half a century of research, their history has emerged as a vibrant field of investigation in North America, Europe and, increasingly, Asia. MNE activity in Australia, briefly referenced in some of these studies, formed an important part of the global presence of many firms. This is the first history of foreign MNEs in twentieth-century Australia, filling a major gap in the economic and business history literature of Australia and of the history of international business globally. It integrates the important and distinctive Australian experience with an extensive international and comparative scholarship on big business and multinational enterprise.

International Business Down Under since Federation

Global Enterprise in Australia

At a time when we are faced with fundamental questions about the sustainability and morality of the economic system, Capitalism and Its Critics provides a kaleidoscopic history of global capitalism, from colonialism and the Industrial Revolution to the ecological crisis and artificial intelligence. John Cassidy tells the story through the eyes of the system's critics across the globe: from eighteenth-century weavers who rebelled against early factory automation to Eric Williams's paradigm-changing work on slavery and capitalism, to the Latin American dependistas, the international Wages for Housework campaign of the 1970s, and the modern degrowth movement; from familiar figures like Smith, Marx, Luxemburg, Keynes, Polanyi to the lesser-known voices such as William Thompson, the Irish proto-socialist whose work influenced Marx; Flora Tristan, the French proponent of a universal labour union; John Hobson, the original theorist of imperialism; and J. C. Kumarappa, the Indian exponent of Gandhian economics. Blending biography, panoramic history, and lively exploration of economic theories, Capitalism and Its Critics illuminates the deep roots of many of the most urgent issues of our time.

A Battle of Ideas in the Modern World

Capitalism and Its Critics

Routledge Explorations in Economic History

This book explores late colonial Zimbabwe's troubled transition from colony to independent state from a financial and economic history perspective.

Money, Sanctions and War Economy

Finance in Colonial Zimbabwe

This book explores the crisis of neo-classical economic theory in an attempt to explain developments in the post-war period. It explores two important aspects: strengthening the tradition of classical political economy (CPE) that arose in response to various critiques of neo-classical economic theory and exploring the potential of CPE to deal with issues of development.The advantage of an alternative to mainstream economic theory is that it can explain value, distribution, and developmental issues of capitalist as well as non-capitalist economies around the world. The chapters in this volume-written by eminent economists in honor of Krishna Bharadwaj-present a critique of the structure of neo-classical theory in terms of the scarcity approach and go deeper into the failure of the determination of a uniform rate of profit and limited substitutions of labor and capital. The volume resurrects Sraffa's system of production determining prices and the rate of profit allowing the possibility of output dynamics to be dealt with separately. Krishna Bharadwaj worked passionately towards these objectives, and this book establishes the foundations of CPE in the light of her writings.The book will be of interest to students, teachers, and researchers of Economics, Economic Theory and Philosophy, Political Economy, Development Dynamics, and History of Economic Thought.

Perspectives of Classical Political Economy

Value, Distribution and Development

An exploration of power, invention and tradition - told through the lens of royal fashion - that uncovers a captivating hidden history of this very British institution.

A Story of Power, Conflict and Couture

Fashioning the Crown

Routledge Revivals

First published in 1932, this book provides an examination of the global economic crisis of the era. The work delves into the causes of the Great Depression, analyses the international situation as it stood, and outlines the necessary measures for recovery alongside the forces already working toward economic restoration.

An Epitome of the Economic Situation

World Disorder and Reconstruction

In July 1973, at the age of 21, Mark Constantine OBE started making herbal hair products while studying to become a trichologist. Over 50 years later he still works out of his first hair and beauty clinic in Poole High Street, although today at the head of the global cosmetics retailer LUSH.Dear Johntells the rags to riches story of how a headstrong young man went from earning £20 a week treating hair and scalp conditions with home-made remedies; to becoming the major product inventor for The Body Shop; and co-founding the LUSH natural cosmetics brand operating 900 shops in over 45 countries.Mark's story came to a grinding halt in March 2020 when the Covid pandemic closed almost every LUSH shop in the world. Coming hard on the heels of Brexit, another body blow for LUSH which employs thousands of EU citizens both in the UK and across Europe, things couldn't get much worse. Unless you happened to operate 50 shops in Russia and Ukraine and a tragedy was about to envelop your family.Before all of Mark's success, two boys growing up in the seaside resort of Weymouth began a 60-year friendship, where one was the hare and the other, the tortoise. That journey reached an epic climax in South Africa in 2012 and it spurred the hare to keep on running even harder than before. Another decade has passed but the tortoise has finally caught up again, and is the author of this expanded second edition of Dear John, which brings the often controversial life of Mark Constantine and the story of LUSH right up to date.

The Life Story of Mark Constantine CEO and the Creation of Lush

Dear John

An empirical analysis and new theoretical framework for understanding economic expectations and decision-making in different historical settings. Expectations play a crucial role in shaping economic behavior. But how are expectations actually formed, and how has this changed over time? The financial crisis of 2007–08 cast doubt on traditional theories of expectation formation, particularly the rational expectations framework. In Contingent Expectations, Alexander Nützenadel and Jochen Streb examine the ways that past experiences influence the economic expectations and decision-making of households, investors, and policymakers through history, and offer an alternative perspective. Combining a comprehensive empirical analysis of expectation formation from the eighteenth century to the present day with an assessment of the relevant economic theory, Nützenadel and Streb present a new theoretical framework, contingent expectations, for understanding economic expectation. Nützenadel and Streb show how economic actors developed new forecasting methods in response to rising uncertainty brought on by the Industrial Revolution, the expansion of global trade, financial market integration, and environmental crises. Tracing the evolution of economic theories on expectations, they find that when growing market volatility made forecasting more complex, economic agents often adapted with remarkable flexibility to changing circumstances. Challenging prevailing concepts of expectations, including rational choice and adaptive expectations, Nützenadel and Streb emphasize the heterogeneity of economic agents’ cognitive practices—in particular, the need to consider variation in information costs and historical experience. Expectation formation, they argue, is contingent on each individual’s current decision-making situation. Their account of the history of economic expectations has significant implications for current debates in economics.

Uncertainty, Risk, and Economic Behavior in Historical Perspective

Contingent Expectations

Population Economics

This book introduces edumetrics, a rigorous, interdisciplinary framework for measuring learning outcomes over time and across space. Based on Lord Kelvin’s maxim that “to measure is to know,” edumetrics redefines education as an empirical science that integrates economics, psychology, and social science to quantify cognitive and non-cognitive competencies.
By harmonizing data from over 120 countries spanning half a century, the book transforms fragmented indicators into coherent measures of learning quality and equity. It critiques the limitations of traditional human capital theory and challenges the use of years of schooling as a proxy for skill. Through econometric analysis, historical inquiry, and global datasets, including Learning-Adjusted Years of Schooling, it reveals that educational structures, not just resources, shape productivity, adaptability, and social cohesion.
At its core, the book addresses the paradox of why rising investments in schooling have not yielded proportional gains in learning. With its integration of theory, data, and historical perspective, it serves as both a methodological blueprint and a call to rethink how we define, measure, and value learning in the twenty-first century.
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Measuring Human Capital for the 21st Century

Edumetrics

Routledge Studies in the History of Economics

Most contemporary economists understand markets as purely price-making systems, ignoring the role of markets as relational systems that frame our way of life and determine the kind of society we live in. This book weaves both of these elements together to present a history of markets.

Between Mechanism and Purpose

Markets in the History of Political Economy

Fashion and Beauty examines the role that innovation has played throughout fashion history. Moving beyond innovation as mere buzzword, Sutton looks at case studies of moments in history where innovation has initiated fundamental change. In the fashion and beauty industries-where relevance is everything-innovation is critical to survival and is often shaped by specific historical, cultural, economic, and sociological contexts. But innovation has become a buzzword, overused and generalized. Fashion and Beauty: Case Studies in Innovation identifies the various factors that define innovation, and innovation theories such as Schumpeter's, using a case study approach to explore innovative events in fashion and beauty ranging from the creation of maternity and plus-size women's apparel (Lane Bryant) and new textiles (DuPont's Kevlar) to the development of luxury streetwear (Dapper Dan), creative upcycling (feed sacks), and new markets in cosmetics (Fashion Fair) and business models in beauty (Weleda, Dr. Hauschka). The case studies incorporate salient contextual elements that factor into innovative developments as well as the entrepreneurial impulse both inside and outside of traditional economic systems. Sutton explores case studies of moments in history where innovation has initiated fundamental change, including recognition of new market segmentation (the rise of streetwear, beauty's turn to inclusivity), trends that turn into classics (athleisure wear), the creation of entirely new categories of apparel (maternity, plus-size), the use of technology for convenience and efficiency (e-commerce and social media), product improvement (advances in science of skin care), and as part of potential solutions to current fashion industry challenges (plant-based/upcycled products). Ultimately, each chapter considers the historical, political, and social context of each innovation along with its cultural meaning and impact.

Case Studies in Innovation

Fashion and Beauty

Capitalism’s Favorite Child

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