1 00:00:00,280 --> 00:00:05,240 Speaker 1: Fellow conspiracy realist. This is one for everybody who is 2 00:00:05,320 --> 00:00:10,319 Speaker 1: celebrating the holiday of Christmas, the most famous birthday in 3 00:00:10,480 --> 00:00:15,400 Speaker 1: all of human history. We're doing some classics as we're 4 00:00:15,440 --> 00:00:19,640 Speaker 1: hanging out with friends and loved entities, and this got 5 00:00:19,720 --> 00:00:24,640 Speaker 1: us thinking about how Christmas here in the States is 6 00:00:24,880 --> 00:00:28,960 Speaker 1: no longer necessarily tied to Christianity. It's become kind of 7 00:00:29,000 --> 00:00:32,000 Speaker 1: a secular holiday. We talked about this on Ridiculous History. 8 00:00:32,240 --> 00:00:34,560 Speaker 2: Mm hm, bit of a you know, it's the shopping season. 9 00:00:34,760 --> 00:00:37,560 Speaker 2: It's very very commercialized, especially here in the United States. 10 00:00:37,680 --> 00:00:40,120 Speaker 2: Not to say that people aren't still leaning into the 11 00:00:40,200 --> 00:00:43,600 Speaker 2: religious aspects of it. But one thing that some people 12 00:00:43,640 --> 00:00:46,240 Speaker 2: maybe are bummed to get for Christmas, kids in particular, 13 00:00:46,320 --> 00:00:48,200 Speaker 2: but some people are stoked to get as should get older, 14 00:00:48,240 --> 00:00:51,559 Speaker 2: like things like socks and pants and dress shirts. You know, 15 00:00:51,680 --> 00:00:53,960 Speaker 2: I think the older you get them more. That's kind 16 00:00:53,960 --> 00:00:56,400 Speaker 2: of what you're after in the Christmas season. 17 00:00:56,720 --> 00:00:59,000 Speaker 3: Well, if you don't get them, know, a giant cat 18 00:00:59,080 --> 00:01:01,680 Speaker 3: from the ice is going to come and eat your cats. 19 00:01:01,760 --> 00:01:05,039 Speaker 2: You right, yeah, exactly, Holly, you on out. So it's 20 00:01:05,040 --> 00:01:07,840 Speaker 2: pretty important, pretty mission critical, as Ben would say. But 21 00:01:07,840 --> 00:01:11,560 Speaker 2: the question then becomes, what is behind that aspect of 22 00:01:11,800 --> 00:01:14,759 Speaker 2: this commercial season the fashion industry. 23 00:01:15,200 --> 00:01:19,520 Speaker 1: Ooh, that's yeah, that's correct. If you are like most people, 24 00:01:20,480 --> 00:01:25,360 Speaker 1: you wear clothing, whether you're in a clothing enthusiast clothes 25 00:01:25,440 --> 00:01:28,520 Speaker 1: horse as we said previously off ear, or whether you're 26 00:01:28,600 --> 00:01:32,360 Speaker 1: a you know, whether you're a Macaroni Yankee doodle, or 27 00:01:32,400 --> 00:01:35,840 Speaker 1: you're someone who says, ah, man, they won't let me 28 00:01:35,880 --> 00:01:38,600 Speaker 1: into the store without pants, you probably have. 29 00:01:38,560 --> 00:01:40,600 Speaker 2: To wear clothing. It's okay, you can just wear like 30 00:01:41,160 --> 00:01:46,080 Speaker 2: a nice completed short What is a clothes horse. It's 31 00:01:46,120 --> 00:01:48,400 Speaker 2: actually a device. It's sort of like a drying rack. 32 00:01:49,000 --> 00:01:50,800 Speaker 2: But it is a term that gets thrown around for 33 00:01:50,880 --> 00:01:53,400 Speaker 2: people who are into dressing nice and who are into, 34 00:01:53,480 --> 00:01:56,040 Speaker 2: you know, buying fancy clothes. But it does get thrown 35 00:01:56,040 --> 00:01:57,840 Speaker 2: around as a term for people who are into dressing 36 00:01:57,920 --> 00:02:00,960 Speaker 2: nice buying fancy clothes. But it sort of looks like, yeah, 37 00:02:01,000 --> 00:02:03,320 Speaker 2: it's like a rack with made of wood with little 38 00:02:03,360 --> 00:02:05,400 Speaker 2: strings kind of along each segment of it that you 39 00:02:05,440 --> 00:02:08,760 Speaker 2: can put clothes, you know, fold clothes over to to 40 00:02:08,840 --> 00:02:11,639 Speaker 2: drive them or to just have them laid out and back. 41 00:02:11,680 --> 00:02:16,280 Speaker 1: In twenty twenty, we add an excellent listener suggestion from 42 00:02:16,400 --> 00:02:21,960 Speaker 1: our fellow conspiracy realist GigE and GigE you you said, Hey, 43 00:02:22,520 --> 00:02:27,040 Speaker 1: I'm going to school for fashion. I'm learning about fast fashion. 44 00:02:27,200 --> 00:02:29,720 Speaker 1: You know what is going on with clothing. It's one 45 00:02:29,720 --> 00:02:32,560 Speaker 1: of the oldest pieces of human technology. It's a very 46 00:02:32,600 --> 00:02:36,000 Speaker 1: popular gift for the humans, and it's also a multi 47 00:02:36,240 --> 00:02:40,320 Speaker 1: billion dollar industry, which means it has not just one, 48 00:02:40,680 --> 00:02:44,639 Speaker 1: but several dark sides. So as you're prepping with your 49 00:02:44,680 --> 00:02:47,359 Speaker 1: elf on the shelf for your your pink pig where 50 00:02:47,440 --> 00:02:50,320 Speaker 1: you're about to open some presents, we hope you join 51 00:02:50,440 --> 00:02:54,560 Speaker 1: us for this classic series on the dark side of 52 00:02:54,639 --> 00:02:55,679 Speaker 1: the loom. 53 00:02:56,639 --> 00:03:01,080 Speaker 4: From UFOs to psychic powers and government conspiracy. History is 54 00:03:01,160 --> 00:03:05,480 Speaker 4: riddled with unexplained events. You can turn back now or 55 00:03:05,560 --> 00:03:08,520 Speaker 4: learn this stuff they don't want you to know. A 56 00:03:08,600 --> 00:03:10,280 Speaker 4: production of iHeartRadio. 57 00:03:20,720 --> 00:03:22,520 Speaker 5: Hello, welcome back to the show. 58 00:03:22,639 --> 00:03:25,120 Speaker 3: My name is Matt, my name is Noa. 59 00:03:25,320 --> 00:03:26,320 Speaker 2: They call me Ben. 60 00:03:26,400 --> 00:03:29,320 Speaker 1: We are joined as always with our super producer called 61 00:03:29,360 --> 00:03:33,960 Speaker 1: Mission Control Decade. Most importantly, you are you. You are here, 62 00:03:34,120 --> 00:03:38,480 Speaker 1: and that makes this stuff they don't want you to know. 63 00:03:39,480 --> 00:03:44,480 Speaker 1: We're diving into a story that is going to be, 64 00:03:45,640 --> 00:03:49,440 Speaker 1: in at least some respect, familiar to all of us. 65 00:03:49,480 --> 00:03:53,000 Speaker 1: Like most of our best suggestions. This came from one 66 00:03:53,040 --> 00:03:57,520 Speaker 1: of your fellow listeners from bridget B, who reached out 67 00:03:57,560 --> 00:04:00,720 Speaker 1: to us via social media to ask about the dark 68 00:04:00,760 --> 00:04:06,760 Speaker 1: side of the fashion industry. Bridget you specifically were asking 69 00:04:06,840 --> 00:04:10,680 Speaker 1: us about one aspect of the fashion industry that we're 70 00:04:11,600 --> 00:04:16,240 Speaker 1: no spoilers gonna save for a later episode because we 71 00:04:16,360 --> 00:04:20,799 Speaker 1: believe that when it comes to the occulted side of 72 00:04:20,880 --> 00:04:24,760 Speaker 1: the story behind the clothing we all wear, there's more 73 00:04:24,800 --> 00:04:27,800 Speaker 1: than one episode's worth of stuff they don't want you 74 00:04:27,880 --> 00:04:30,919 Speaker 1: to know here, And that's that's kind of because you know, 75 00:04:31,720 --> 00:04:35,640 Speaker 1: clothing is one of the fundamental needs of the human species. 76 00:04:36,080 --> 00:04:37,159 Speaker 2: It's it's the. 77 00:04:36,960 --> 00:04:40,360 Speaker 1: Shelter that you wear and you walk around in. Uh, 78 00:04:42,000 --> 00:04:46,279 Speaker 1: you know, I think we can point out the elephant 79 00:04:46,360 --> 00:04:49,240 Speaker 1: or should I say, the clothes source in the room here. Guys, 80 00:04:50,279 --> 00:04:53,839 Speaker 1: people are we're pretty smart. You know, we have our moments, 81 00:04:54,320 --> 00:04:59,359 Speaker 1: but we're very much a visually driven, appearance based creature, right. 82 00:05:00,080 --> 00:05:02,919 Speaker 2: Yeah, you mean human beings, right, and not just the 83 00:05:02,920 --> 00:05:05,800 Speaker 2: three of us, right that I love the idea of us, 84 00:05:05,839 --> 00:05:08,120 Speaker 2: the three of us being a single creature like we 85 00:05:08,200 --> 00:05:11,800 Speaker 2: form like vultron, and we are a appearance based creature. No, 86 00:05:11,920 --> 00:05:14,320 Speaker 2: it's true. We are just like like everyone else. I mean, 87 00:05:14,600 --> 00:05:17,039 Speaker 2: it's funny considering the times that we're living in, I 88 00:05:17,040 --> 00:05:19,359 Speaker 2: think people have maybe gotten a little less concerned with 89 00:05:19,400 --> 00:05:22,440 Speaker 2: their appearances. You know, people are doing zoom calls and 90 00:05:22,480 --> 00:05:25,680 Speaker 2: like workout shorts and you know, kind of must up 91 00:05:25,720 --> 00:05:28,840 Speaker 2: hair and stuff. But yeah, in the before times, absolutely 92 00:05:29,120 --> 00:05:32,000 Speaker 2: appearance is everything. You know, you want to look smart 93 00:05:32,040 --> 00:05:34,120 Speaker 2: and sharp when you go to a meeting or when 94 00:05:34,160 --> 00:05:37,080 Speaker 2: you go out on the town, and that's what fashion is. 95 00:05:37,120 --> 00:05:39,839 Speaker 2: It becomes like almost an extension of who we are 96 00:05:40,160 --> 00:05:43,560 Speaker 2: as people, the idea that you know, the clothes make 97 00:05:43,600 --> 00:05:47,559 Speaker 2: the man or whatever. Yeah, people really lean hard into 98 00:05:47,800 --> 00:05:51,680 Speaker 2: personal style and it really becomes kind of intertwined with 99 00:05:51,839 --> 00:05:52,680 Speaker 2: our identities. 100 00:05:53,080 --> 00:05:55,479 Speaker 3: Yes, it certainly does. And I would just say that 101 00:05:55,600 --> 00:05:59,160 Speaker 3: now in times where we aren't going out as much, 102 00:05:59,560 --> 00:06:03,479 Speaker 3: the act of getting ready for a day as though 103 00:06:03,480 --> 00:06:06,360 Speaker 3: you were going to go out and dressing up as 104 00:06:06,400 --> 00:06:09,719 Speaker 3: though you are going to an important meeting or something 105 00:06:09,960 --> 00:06:13,640 Speaker 3: or going to meet with friends, and taking that extra 106 00:06:14,240 --> 00:06:18,240 Speaker 3: step to look really good, it has become this powerful 107 00:06:18,279 --> 00:06:23,160 Speaker 3: thing that changes the way we feel about ourselves in 108 00:06:23,200 --> 00:06:26,880 Speaker 3: these times. And I was just speaking with my wife 109 00:06:26,880 --> 00:06:29,000 Speaker 3: a little bit about that and how you know. If 110 00:06:29,000 --> 00:06:31,400 Speaker 3: you're not going to be going out or doing anything, 111 00:06:31,760 --> 00:06:33,960 Speaker 3: you generally don't have to think about that stuff. But 112 00:06:34,040 --> 00:06:39,080 Speaker 3: when you do, it changes your entire outlook for the day, 113 00:06:39,200 --> 00:06:41,080 Speaker 3: the way you feel about yourself, and the way you 114 00:06:41,080 --> 00:06:45,600 Speaker 3: feel others would interact with you. It's just fashion and 115 00:06:46,000 --> 00:06:50,000 Speaker 3: caring about appearance can be a powerful thing for oneself. 116 00:06:51,360 --> 00:06:52,279 Speaker 2: Yeah, agreed. 117 00:06:52,480 --> 00:06:57,320 Speaker 1: I mean it gives lie to that old comfortable figure 118 00:06:57,360 --> 00:07:00,400 Speaker 1: of speech where people would say, you know, you can't 119 00:07:00,480 --> 00:07:03,560 Speaker 1: judge a book by its cover. Well, my response to 120 00:07:03,600 --> 00:07:06,160 Speaker 1: that would be, why do books have a cover? What's 121 00:07:06,200 --> 00:07:08,520 Speaker 1: your beef with graphic designers? 122 00:07:08,560 --> 00:07:10,280 Speaker 2: There? People? 123 00:07:10,480 --> 00:07:14,120 Speaker 1: We do judge people by the clothing they wear, by 124 00:07:14,200 --> 00:07:20,480 Speaker 1: their appearance, because we all participate in this social assumption 125 00:07:21,120 --> 00:07:24,640 Speaker 1: that that is a statement a person is making. It's 126 00:07:24,720 --> 00:07:27,480 Speaker 1: the first version of a business card we see when 127 00:07:27,480 --> 00:07:31,000 Speaker 1: we encounter someone, and it does you know, it is 128 00:07:31,040 --> 00:07:35,400 Speaker 1: an opportunity to voice one's personal aesthetic. But at worst, 129 00:07:35,680 --> 00:07:39,040 Speaker 1: it can also be a substitute for personality. It can 130 00:07:39,120 --> 00:07:42,160 Speaker 1: be right, it can become a means of confusing wealth 131 00:07:42,280 --> 00:07:46,720 Speaker 1: with superiority, right whenever the new hot product comes out. 132 00:07:47,400 --> 00:07:52,760 Speaker 1: It can even in some cases, such as cockades during 133 00:07:52,800 --> 00:07:56,480 Speaker 1: the time leading to and following the Civil War, it 134 00:07:56,520 --> 00:08:00,400 Speaker 1: can be a declaration of hate, right like sympathies with 135 00:08:00,600 --> 00:08:04,840 Speaker 1: the Confederacy, or you know, in maybe a fascist regime, 136 00:08:05,200 --> 00:08:10,120 Speaker 1: a certain badge or armband can identify you. But you know, 137 00:08:10,200 --> 00:08:13,000 Speaker 1: regardless of where it falls on the spectrum, again, it's 138 00:08:13,040 --> 00:08:16,680 Speaker 1: a fundamental need. We're a smart species, but we're not 139 00:08:16,880 --> 00:08:20,880 Speaker 1: especially durable. And this is I don't know, this is 140 00:08:20,920 --> 00:08:24,800 Speaker 1: something that's always been hilarious to me. Human beings are intelligent, right, 141 00:08:26,760 --> 00:08:30,640 Speaker 1: but there are relatively few places in the world where 142 00:08:30,680 --> 00:08:34,280 Speaker 1: a human being can live naked all year round. Whether 143 00:08:34,360 --> 00:08:39,239 Speaker 1: you're a popper or whether you're a bezos, you probably 144 00:08:39,360 --> 00:08:41,920 Speaker 1: have to wear clothes at some point in your life. 145 00:08:42,000 --> 00:08:46,160 Speaker 1: So fashion, clothing, apparel, it's not going anywhere, but it 146 00:08:46,320 --> 00:08:50,680 Speaker 1: has a dark side, a very deep dark side. Here 147 00:08:50,760 --> 00:08:51,560 Speaker 1: are the facts. 148 00:08:51,880 --> 00:08:54,240 Speaker 2: So why don't we start by let's kind of size 149 00:08:54,320 --> 00:08:58,320 Speaker 2: up the fashion industry here a little bit in the US, 150 00:08:58,880 --> 00:09:01,360 Speaker 2: as some of the world's large just fashion companies are 151 00:09:01,400 --> 00:09:05,520 Speaker 2: based in the US. In twenty seventeen, the United States 152 00:09:05,520 --> 00:09:09,240 Speaker 2: alone generated one hundred and fifteen billion American dollars in 153 00:09:09,360 --> 00:09:12,400 Speaker 2: women's wear sales and about eighty six billion dollars in 154 00:09:12,440 --> 00:09:16,760 Speaker 2: men'swear in the US alone. The Bureau of Labor estimates 155 00:09:16,760 --> 00:09:20,960 Speaker 2: some one point eight million people are employed in the 156 00:09:20,960 --> 00:09:23,440 Speaker 2: fashion industry, with two hundred and thirty two thousand of 157 00:09:23,480 --> 00:09:29,760 Speaker 2: those being in textiles, manufacturing fabrics for different peril and 158 00:09:29,880 --> 00:09:34,960 Speaker 2: other fashion items, accessories, et cetera. Average annual wages in 159 00:09:35,000 --> 00:09:37,880 Speaker 2: fashion range from twenty six four and forty bucks be 160 00:09:37,960 --> 00:09:41,240 Speaker 2: on the super low end for textile bleaching and more 161 00:09:41,520 --> 00:09:45,840 Speaker 2: procedural kind of factory type operations dyeing machine operators, to 162 00:09:46,559 --> 00:09:49,680 Speaker 2: eighty four thousand, six hundred bucks for folks in marketing 163 00:09:49,760 --> 00:09:51,360 Speaker 2: and sales managing for sure. 164 00:09:51,559 --> 00:09:56,280 Speaker 3: In the Bureau of Labor also, you know notes in 165 00:09:56,320 --> 00:09:59,160 Speaker 3: here that there are a lot of discrepancies in how 166 00:09:59,240 --> 00:10:02,800 Speaker 3: much people are paid. You know, we're talking about averages, right. 167 00:10:03,880 --> 00:10:07,040 Speaker 3: About seventy nine percent of all US employees in fashion 168 00:10:07,160 --> 00:10:11,080 Speaker 3: work for some kind of apparel retailer, So somebody who 169 00:10:11,120 --> 00:10:15,600 Speaker 3: is actually selling and distributing a bunch of clothing and 170 00:10:15,880 --> 00:10:21,120 Speaker 3: accessories and things, and the annual average wage at one 171 00:10:21,160 --> 00:10:27,320 Speaker 3: of those companies is just slightly higher around twenty six, 172 00:10:27,880 --> 00:10:31,040 Speaker 3: six hundred and fifty dollars. However, where the real money is, 173 00:10:32,240 --> 00:10:36,600 Speaker 3: or well at least the higher wages are. That's in 174 00:10:36,880 --> 00:10:41,400 Speaker 3: sales managers. That's in the marketing side of this industry, 175 00:10:41,720 --> 00:10:45,800 Speaker 3: people who are out there actually selling the stuff, and 176 00:10:45,800 --> 00:10:48,080 Speaker 3: people who are running the show. They have an annual 177 00:10:48,080 --> 00:10:50,800 Speaker 3: wage of around eighty four thousand, six hundred dollars. 178 00:10:51,120 --> 00:10:53,959 Speaker 2: But I mean that would still be on a relatively 179 00:10:54,000 --> 00:10:55,800 Speaker 2: low side of the high side, because I mean folks 180 00:10:55,880 --> 00:10:58,720 Speaker 2: like fashion designers make like hundreds and hundreds of thousands, 181 00:10:58,720 --> 00:10:59,800 Speaker 2: if not millions of dollars. 182 00:11:00,160 --> 00:11:03,040 Speaker 3: That is, that's almost like if you're thinking about the 183 00:11:03,040 --> 00:11:08,080 Speaker 3: fashion industry and those designers that role in the big bucks, 184 00:11:08,480 --> 00:11:11,200 Speaker 3: it's kind of like the NBA. If you think about 185 00:11:11,280 --> 00:11:14,320 Speaker 3: all the point, all the basketball players in the world 186 00:11:14,679 --> 00:11:17,880 Speaker 3: and then the very few that make those ridiculous amounts 187 00:11:17,880 --> 00:11:19,840 Speaker 3: of money. It's kind of like that. 188 00:11:20,080 --> 00:11:22,440 Speaker 2: Yeah, it's like being discovered. It's like being a you know, 189 00:11:23,000 --> 00:11:25,559 Speaker 2: a rock star. I mean it really is, or or 190 00:11:25,840 --> 00:11:27,320 Speaker 2: a movie star or something. Yeah. 191 00:11:27,480 --> 00:11:33,000 Speaker 1: The to clarify, when we're talking about apparel retailers, we're 192 00:11:33,040 --> 00:11:37,640 Speaker 1: talking about everything from you know, a target where somebody 193 00:11:37,720 --> 00:11:41,160 Speaker 1: might buy back to school clothes to something more higher 194 00:11:41,280 --> 00:11:43,920 Speaker 1: end a boutique you would see at a shopping district 195 00:11:44,080 --> 00:11:49,480 Speaker 1: or a mall. But but yes, even even with the 196 00:11:49,480 --> 00:11:53,880 Speaker 1: the rarefied air of Guru designers aside, there there's still 197 00:11:53,960 --> 00:11:58,920 Speaker 1: marked market discrepancies here. Accountants and auditors, for instance, receive 198 00:11:58,960 --> 00:12:04,040 Speaker 1: an annual average of just under seventy thousand dollars. Buyers 199 00:12:04,080 --> 00:12:09,240 Speaker 1: and purchasing agents get paid on average fifty six point 200 00:12:09,320 --> 00:12:13,120 Speaker 1: five thousand dollars a year something like that. And again, 201 00:12:13,320 --> 00:12:17,720 Speaker 1: you know, in any industry of this size, averages are 202 00:12:17,760 --> 00:12:21,720 Speaker 1: going to be a little bit misleading because that clearly 203 00:12:21,800 --> 00:12:24,040 Speaker 1: means there are people who make north of one hundred 204 00:12:24,120 --> 00:12:28,360 Speaker 1: thousand dollars as purchasing agents. So if we dive into 205 00:12:28,400 --> 00:12:32,920 Speaker 1: the discrepancies here, we see that they only accelerate as 206 00:12:33,000 --> 00:12:38,600 Speaker 1: we look at the macroeconomic picture. There are big, big, 207 00:12:39,200 --> 00:12:45,440 Speaker 1: presumably well dressed fish in this global pond. McKenzie, which 208 00:12:45,480 --> 00:12:50,440 Speaker 1: is a super powerful, super opaque, probably kind of evil 209 00:12:50,800 --> 00:12:58,360 Speaker 1: consulting firm that is, a former employer of Pete Budhaje Edge. 210 00:12:58,400 --> 00:13:02,720 Speaker 1: By the way, McKenzie estimated that ninety seven percent of 211 00:13:02,760 --> 00:13:07,840 Speaker 1: the economic profits for the entire fashion industry are earned 212 00:13:07,880 --> 00:13:12,800 Speaker 1: by a relatively small group of companies. Just twenty companies 213 00:13:12,800 --> 00:13:16,880 Speaker 1: in the fashion industry earned ninety seven percent of the profits. 214 00:13:17,040 --> 00:13:20,480 Speaker 1: Most of those twenty companies, as you might assume, are 215 00:13:20,600 --> 00:13:24,160 Speaker 1: in what we'll call the luxury segment. They're also the 216 00:13:24,200 --> 00:13:29,000 Speaker 1: majority of those twenty companies of that pantheon, of that 217 00:13:29,040 --> 00:13:33,520 Speaker 1: pantheon of profitable fashion. Most of them have been in 218 00:13:33,559 --> 00:13:34,160 Speaker 1: the game. 219 00:13:33,960 --> 00:13:34,680 Speaker 2: For a while. 220 00:13:35,000 --> 00:13:38,520 Speaker 1: Twelve of those top twenty have been in that upper 221 00:13:38,559 --> 00:13:42,520 Speaker 1: echelon for the past ten years, and their names are 222 00:13:42,520 --> 00:13:45,360 Speaker 1: probably at least a few are very familiar to you, 223 00:13:45,840 --> 00:13:47,080 Speaker 1: regardless of where you live. 224 00:13:47,600 --> 00:13:52,199 Speaker 2: Yes, and a lot of the kind of longstanding leaders 225 00:13:52,240 --> 00:14:00,520 Speaker 2: in the space include, among many others, inditicts, I don't know, indotects, 226 00:14:00,160 --> 00:14:03,439 Speaker 2: I think's how you would say, end of texts, LVMH 227 00:14:03,720 --> 00:14:06,600 Speaker 2: and Nike, which I know, Ben, you were a bit 228 00:14:06,640 --> 00:14:10,280 Speaker 2: surprised by, which have more than double their economic profits 229 00:14:10,320 --> 00:14:12,920 Speaker 2: over the past ten years. And each of those companies 230 00:14:13,000 --> 00:14:16,240 Speaker 2: racked up more than two billion bucks in economic profit 231 00:14:16,360 --> 00:14:20,480 Speaker 2: in twenty seventeen. And you know you got we got 232 00:14:20,480 --> 00:14:22,800 Speaker 2: to remember too that close at the end of the day, 233 00:14:22,960 --> 00:14:27,760 Speaker 2: are a one of those you know, life necessities. They 234 00:14:27,960 --> 00:14:31,200 Speaker 2: are designed to help us survive and you know, be 235 00:14:31,440 --> 00:14:34,480 Speaker 2: warm and stay dry, but we also want to wear 236 00:14:34,600 --> 00:14:37,920 Speaker 2: things that we like and we want to look cool 237 00:14:38,040 --> 00:14:38,920 Speaker 2: while we're doing it. 238 00:14:39,200 --> 00:14:41,360 Speaker 3: Let's, uh, let's go into some more of these companies 239 00:14:41,400 --> 00:14:44,640 Speaker 3: because we're talking about the ones we mentioned. Their LVMH 240 00:14:44,720 --> 00:14:48,520 Speaker 3: into texts and Nike at least at least two billion 241 00:14:48,560 --> 00:14:53,480 Speaker 3: dollars not too shabby, right, but jump over to the 242 00:14:53,680 --> 00:14:57,480 Speaker 3: gap you know, the commercials you've seen, the one near 243 00:14:57,560 --> 00:15:00,240 Speaker 3: you wherever you live, because there's probably one some we're 244 00:15:00,280 --> 00:15:00,720 Speaker 3: around you. 245 00:15:01,400 --> 00:15:01,520 Speaker 5: Uh. 246 00:15:01,760 --> 00:15:04,680 Speaker 3: It was the top selling retailer. It had sales of 247 00:15:04,720 --> 00:15:09,480 Speaker 3: around sixteen and a half billion dollars. That's a United 248 00:15:09,520 --> 00:15:14,240 Speaker 3: States currency, by the way. Woh, pretty pretty great. Then 249 00:15:14,280 --> 00:15:17,240 Speaker 3: if you look at, you know, the the lexuses and 250 00:15:17,320 --> 00:15:20,920 Speaker 3: the infinities of the clothing brands. Get in that luxury 251 00:15:20,960 --> 00:15:23,440 Speaker 3: line over there, you can check out the one we 252 00:15:23,560 --> 00:15:30,440 Speaker 3: mentioned LVMH. Is it Moet or moa Moe? I don't, 253 00:15:30,440 --> 00:15:32,000 Speaker 3: I honestly don't know moesh. 254 00:15:32,360 --> 00:15:35,400 Speaker 2: That's like just champagne, right, isn't that an alcohol brand? 255 00:15:35,640 --> 00:15:41,280 Speaker 1: It's such a it's such a ridiculous story of consolidation 256 00:15:41,640 --> 00:15:47,600 Speaker 1: of corporate acquisitions, right. It's it's also Hennessy, Louis Vauton, 257 00:15:48,400 --> 00:15:54,640 Speaker 1: it's this, it's this gigantic luxury goods conglomerate. It's let's 258 00:15:54,680 --> 00:15:57,160 Speaker 1: just call it the Good Life Corporation. 259 00:15:56,960 --> 00:16:03,200 Speaker 3: Right, that's the LVMH. Correct, Yes, we're talking about Louis Vuitton, Moay, Hennessy, 260 00:16:03,280 --> 00:16:04,760 Speaker 3: that's LVMH. 261 00:16:04,880 --> 00:16:07,239 Speaker 2: Just so it's crazy. 262 00:16:07,720 --> 00:16:10,200 Speaker 1: You know, like what else do they sell? Probably monocles, 263 00:16:10,320 --> 00:16:15,240 Speaker 1: I mean, I guess monocles. Maybe like custom bath mats 264 00:16:15,240 --> 00:16:16,680 Speaker 1: for mega yachts. 265 00:16:16,720 --> 00:16:25,760 Speaker 2: H gilded bidets perhaps, Yes, interesting, I mean, that's that's great. 266 00:16:26,360 --> 00:16:28,520 Speaker 5: That's great. Great for LVMH. That's awesome. 267 00:16:28,960 --> 00:16:31,240 Speaker 2: I want to really quickly, just really quickly, well, move 268 00:16:31,320 --> 00:16:33,520 Speaker 2: right on, just chime in. There's also we talked at 269 00:16:33,560 --> 00:16:35,120 Speaker 2: the top of the show about, like, you know, the 270 00:16:35,160 --> 00:16:38,320 Speaker 2: idea of like fashion being an economic indicator or a 271 00:16:38,320 --> 00:16:40,360 Speaker 2: way to kind of you know, flex and say, look 272 00:16:40,360 --> 00:16:42,320 Speaker 2: at me, I have money. There's a lot of people 273 00:16:42,320 --> 00:16:43,760 Speaker 2: that spend a lot of money on this stuff that 274 00:16:43,840 --> 00:16:47,280 Speaker 2: don't have money, and they just need to feel like 275 00:16:47,320 --> 00:16:50,000 Speaker 2: they're keeping up with the Joneses and maybe like you know, 276 00:16:50,200 --> 00:16:53,840 Speaker 2: spending irresponsibly on like Gucci stuff because they want to 277 00:16:53,880 --> 00:16:56,520 Speaker 2: be like quote unquote cool, or like, look like their 278 00:16:56,560 --> 00:16:59,440 Speaker 2: favorite celeb who wears these brands, but it's really not 279 00:16:59,480 --> 00:17:02,560 Speaker 2: something they can actually afford, or they could probably be 280 00:17:02,600 --> 00:17:04,960 Speaker 2: spending their money in better ways. Just putting that out there. 281 00:17:05,000 --> 00:17:09,120 Speaker 1: Yeah, well, I mean also, brands at times reacted versely 282 00:17:09,240 --> 00:17:12,399 Speaker 1: to that if they become too closely associated with what 283 00:17:12,440 --> 00:17:16,440 Speaker 1: they see as the hoy paloi. In the United Kingdom, 284 00:17:16,600 --> 00:17:22,160 Speaker 1: for instance, when members of what is pejoratively described as 285 00:17:22,280 --> 00:17:28,600 Speaker 1: the Chov or Chav demographic chav when they started sort 286 00:17:28,640 --> 00:17:34,280 Speaker 1: of identifying themselves with certain clothing brands or certain fashion brands, 287 00:17:35,080 --> 00:17:37,840 Speaker 1: the brands took a hit to their reputation. They didn't 288 00:17:37,880 --> 00:17:41,120 Speaker 1: like it, and in the past, if we want to 289 00:17:41,160 --> 00:17:45,639 Speaker 1: point out some of the systemic discrimination involved in this industry, 290 00:17:46,000 --> 00:17:49,399 Speaker 1: brands didn't like it all the time when hip hop artists, 291 00:17:49,400 --> 00:17:52,800 Speaker 1: for instance, would say, you know, I love this colone 292 00:17:52,960 --> 00:17:56,160 Speaker 1: or I love this blah blah blah. Ultimately, money talks 293 00:17:56,560 --> 00:18:00,840 Speaker 1: and takes the ascendant spot in any capitalist conversation. So, 294 00:18:01,119 --> 00:18:06,439 Speaker 1: for instance, the manufacturers of Mayboch cars may not have 295 00:18:06,880 --> 00:18:10,240 Speaker 1: initially loved the fact that they were getting mentioned by 296 00:18:10,359 --> 00:18:14,920 Speaker 1: Jadacus or Rick Ross, but when they saw the numbers 297 00:18:15,119 --> 00:18:19,439 Speaker 1: and they saw the visibility. They said, okay, yeah, all right, cool. Uh, 298 00:18:19,680 --> 00:18:22,359 Speaker 1: the cool people like us, and that helps us sell cars. 299 00:18:22,760 --> 00:18:24,440 Speaker 5: This is certainly worked out for Hennessy. 300 00:18:24,840 --> 00:18:27,720 Speaker 1: Certainly worked out for Hennessy. Excellent example, Matt and these 301 00:18:27,760 --> 00:18:28,800 Speaker 1: are other There are other. 302 00:18:30,119 --> 00:18:32,040 Speaker 2: Gucci is the big one, Gucci's a. 303 00:18:31,960 --> 00:18:35,920 Speaker 1: Big one, there are other other things. These conversations happen 304 00:18:36,000 --> 00:18:40,920 Speaker 1: with the most u the most valued brands in the world. 305 00:18:41,000 --> 00:18:44,320 Speaker 1: And again, like anyone who knows the strange history of 306 00:18:44,359 --> 00:18:48,320 Speaker 1: the Coca Cola company, Uh, the importance or the value 307 00:18:48,359 --> 00:18:52,000 Speaker 1: of a brand is sometimes very difficult to quantify, like 308 00:18:52,040 --> 00:18:55,520 Speaker 1: what's what's the actual valuation or price you could put 309 00:18:55,600 --> 00:19:00,800 Speaker 1: on Nike or Adidas. But this this conver we're saying 310 00:19:00,840 --> 00:19:04,359 Speaker 1: it money is first, but it also factors in more 311 00:19:04,400 --> 00:19:08,800 Speaker 1: than money that drives it. So this gets very interesting 312 00:19:08,920 --> 00:19:14,040 Speaker 1: when we forecast the future of fashion. Right now, we 313 00:19:14,200 --> 00:19:20,280 Speaker 1: can categorize the world in terms of the biggest apparel markets, 314 00:19:20,320 --> 00:19:23,240 Speaker 1: and we've got pretty solid information on that. They're in 315 00:19:23,280 --> 00:19:28,840 Speaker 1: the following order. First, the European Union is number one. 316 00:19:29,000 --> 00:19:32,679 Speaker 1: It's got the largest apparel market and that's some people 317 00:19:32,760 --> 00:19:36,600 Speaker 1: might take that see that as a little unfair because Remember, 318 00:19:36,760 --> 00:19:42,240 Speaker 1: the European Union is a organization composed of twenty eight 319 00:19:42,359 --> 00:19:45,920 Speaker 1: different member states that are all their own countries, So 320 00:19:46,119 --> 00:19:50,919 Speaker 1: it's it's kind of like it's kind of like comparing 321 00:19:51,119 --> 00:19:54,399 Speaker 1: a team for a team sport to a group of 322 00:19:54,440 --> 00:19:58,600 Speaker 1: individual players, because second is the United States, and then 323 00:19:58,760 --> 00:20:04,200 Speaker 1: third is given the current economic pandemonium that may very 324 00:20:04,240 --> 00:20:08,720 Speaker 1: well change in the coming years. In twenty seventeen, which 325 00:20:08,760 --> 00:20:12,080 Speaker 1: is probably the best like the most recent solid numbers 326 00:20:12,080 --> 00:20:17,840 Speaker 1: we would have here, the fastest growing global market in 327 00:20:18,080 --> 00:20:21,959 Speaker 1: apparel was sportswear. I was growing at six point eight percent, 328 00:20:22,240 --> 00:20:26,520 Speaker 1: which doesn't sound that huge until you hear the next statistic. 329 00:20:27,160 --> 00:20:32,120 Speaker 1: The size of the global apparel market in twenty fifteen. 330 00:20:32,440 --> 00:20:35,680 Speaker 1: It was one point three trillion dollars with a T 331 00:20:36,359 --> 00:20:41,480 Speaker 1: in US dollars by this year, And this number came 332 00:20:41,520 --> 00:20:46,560 Speaker 1: before Mackenzie really understood there was a global pandemic coming, 333 00:20:46,960 --> 00:20:50,800 Speaker 1: which we kind of predicted in our Superbug episode years ago. Anyway, 334 00:20:50,920 --> 00:20:53,960 Speaker 1: long story short, twenty twenty, the market is supposed to 335 00:20:55,880 --> 00:20:59,680 Speaker 1: likely rise to one point five trillion dollars. So while 336 00:20:59,720 --> 00:21:02,520 Speaker 1: six point eight percent may not sound like a huge number, 337 00:21:02,760 --> 00:21:05,400 Speaker 1: six point eight percent of one and a half trillion 338 00:21:05,440 --> 00:21:08,680 Speaker 1: dollars certainly is. And a lot of this is because, 339 00:21:09,240 --> 00:21:11,560 Speaker 1: you know, if you look at if you look at 340 00:21:11,600 --> 00:21:16,480 Speaker 1: the planet overall, we're seeing the emergence of an act 341 00:21:16,720 --> 00:21:19,879 Speaker 1: of a true middle class in a lot of the 342 00:21:19,920 --> 00:21:26,560 Speaker 1: world that historically had an incredibly inequal domestic population. You 343 00:21:26,560 --> 00:21:29,199 Speaker 1: know what I mean, We're like one to five percent 344 00:21:29,280 --> 00:21:32,760 Speaker 1: of people controlled the majority of wealth, and most other 345 00:21:32,800 --> 00:21:35,960 Speaker 1: people were consigned to poverty. Now more and more families 346 00:21:36,000 --> 00:21:39,160 Speaker 1: are saying like, Hey, I want to get myself some 347 00:21:39,520 --> 00:21:45,400 Speaker 1: or my loved ones some some more luxurious, high end clothing. 348 00:21:46,000 --> 00:21:47,879 Speaker 1: You know that ties in with diet. I want to 349 00:21:47,920 --> 00:21:50,359 Speaker 1: eat more meat, I want to go out to eat more. 350 00:21:51,400 --> 00:21:55,800 Speaker 1: This this pattern is most apparent in the region of 351 00:21:55,800 --> 00:22:00,399 Speaker 1: the Asia Pacific. There's a four percent rise in the 352 00:22:00,440 --> 00:22:03,679 Speaker 1: apparel market there overall. So if you want to, if 353 00:22:03,720 --> 00:22:05,160 Speaker 1: you want to make a lot of money and you're 354 00:22:06,240 --> 00:22:11,480 Speaker 1: a global fashion conglomerate, start selling sportswear, sell it in Asia, 355 00:22:11,960 --> 00:22:15,480 Speaker 1: make it overpriced, and uh just watch the money roll in. 356 00:22:16,320 --> 00:22:19,280 Speaker 3: You know, it's a really great point that you made earlier, 357 00:22:19,320 --> 00:22:22,920 Speaker 3: been about that report coming out showing the one point 358 00:22:22,960 --> 00:22:26,400 Speaker 3: five trillion u are the increase to one point five 359 00:22:26,440 --> 00:22:32,760 Speaker 3: trillion dollars. It does feel as though the disruption, the 360 00:22:32,840 --> 00:22:38,160 Speaker 3: economic disruption from this pandemic globally in the fashion industry 361 00:22:38,280 --> 00:22:41,439 Speaker 3: may not be fully felt for a little while, just 362 00:22:41,520 --> 00:22:44,639 Speaker 3: because of if you think about the way money flows 363 00:22:44,680 --> 00:22:50,040 Speaker 3: in these from you know, designing, to manufacturing to the 364 00:22:50,080 --> 00:22:56,600 Speaker 3: actual selling of these products, right and you know, it's 365 00:22:56,640 --> 00:23:00,760 Speaker 3: being affected in the fact in the factories where these clothing, 366 00:23:01,000 --> 00:23:03,560 Speaker 3: you know, where clothing is being created. It's being affected 367 00:23:03,600 --> 00:23:06,040 Speaker 3: in people not being able to go to a retail store, 368 00:23:06,440 --> 00:23:10,719 Speaker 3: the retail stores closing themselves, all of the online shopping 369 00:23:10,800 --> 00:23:14,760 Speaker 3: that is occurring, but lack or less of a need 370 00:23:15,359 --> 00:23:18,120 Speaker 3: for a lot of the fashion items. So man, it's 371 00:23:18,200 --> 00:23:20,879 Speaker 3: just it's going to be pretty brutal, I think. But 372 00:23:20,960 --> 00:23:22,840 Speaker 3: we just don't have those numbers yet because we're not 373 00:23:22,920 --> 00:23:26,880 Speaker 3: in the future yet. However, the McKenzie State of Fashion 374 00:23:27,480 --> 00:23:30,919 Speaker 3: made a report in twenty nineteen that I don't know, 375 00:23:31,000 --> 00:23:33,800 Speaker 3: seem to be looking forward to twenty twenty with some 376 00:23:33,920 --> 00:23:36,840 Speaker 3: serious prescients. We've got some quotes here. 377 00:23:37,240 --> 00:23:39,760 Speaker 2: We predict that twenty nineteen will be a year shaped 378 00:23:39,800 --> 00:23:44,440 Speaker 2: by consumer shifts linked to technology, social causes, and trust issues. 379 00:23:45,000 --> 00:23:48,000 Speaker 2: Alongside I love this idea of trust issues alongside the 380 00:23:48,040 --> 00:23:53,120 Speaker 2: potential disruption from geopolitical and macroeconomic events. Let's unpack that. 381 00:23:52,720 --> 00:23:54,440 Speaker 2: That's a lot going on in that. 382 00:23:54,359 --> 00:24:00,480 Speaker 1: Trust issues, potential disruption. Indeed, Yeah, you know, that's the thing. 383 00:24:00,600 --> 00:24:07,199 Speaker 1: You don't have to think Mackenzie is necessarily heroic to 384 00:24:07,560 --> 00:24:14,400 Speaker 1: admit that there's pretty good research here. This report, you know, 385 00:24:14,720 --> 00:24:20,200 Speaker 1: is necessarily vague because they're trying to prognosticate a little 386 00:24:20,240 --> 00:24:24,080 Speaker 1: bit and they're you know, at this point they weren't 387 00:24:24,119 --> 00:24:28,879 Speaker 1: able to say this specific chain of events will occur, 388 00:24:29,040 --> 00:24:34,920 Speaker 1: but trust issues they're clearly describing, you know, what is 389 00:24:35,160 --> 00:24:38,480 Speaker 1: occurring in the US and abroad today. I mean, look, 390 00:24:38,520 --> 00:24:43,359 Speaker 1: it's what It's July seventeenth as we record this. The 391 00:24:43,880 --> 00:24:48,000 Speaker 1: Kingdom of Iran is going into an internet blackout due 392 00:24:48,000 --> 00:24:51,520 Speaker 1: to protests. They're sweeping the country. You might have read 393 00:24:51,560 --> 00:24:55,399 Speaker 1: about it on Reddit. Maybe maybe, But there's so much happening. 394 00:24:55,480 --> 00:24:59,160 Speaker 1: People do trust their governments less because it's not because 395 00:24:59,240 --> 00:25:04,200 Speaker 1: there's it's not entirely due to foreign disinfo campaigns. It's 396 00:25:04,280 --> 00:25:08,040 Speaker 1: also because the average voter knows more about how the 397 00:25:08,080 --> 00:25:12,440 Speaker 1: sausage is made, and it's a gross disturbing story so 398 00:25:13,760 --> 00:25:18,119 Speaker 1: we so McKenzie knew. That's so crazy. They knew in 399 00:25:18,160 --> 00:25:20,440 Speaker 1: twenty nineteen, what would happen? I can't wait to read 400 00:25:20,480 --> 00:25:25,880 Speaker 1: their twenty twenty report if we're all light reading therefore, Yeah. 401 00:25:26,280 --> 00:25:29,120 Speaker 5: It's just a blank page one. 402 00:25:29,359 --> 00:25:30,440 Speaker 1: It's just emoji. 403 00:25:31,400 --> 00:25:33,920 Speaker 2: It's just like an all bold caps where. 404 00:25:35,600 --> 00:25:39,240 Speaker 1: Yeah, and the report also it mentions it in that 405 00:25:39,320 --> 00:25:42,959 Speaker 1: quotation there. But the report also examines the role of 406 00:25:43,040 --> 00:25:47,480 Speaker 1: technology in a couple of ways that matter for this episode. First, 407 00:25:47,520 --> 00:25:55,600 Speaker 1: that there will be ever more sophisticated logistics programs, like 408 00:25:55,960 --> 00:25:58,879 Speaker 1: a lot of the big companies you know, from Walmart 409 00:25:59,000 --> 00:26:05,800 Speaker 1: on down, they prize themselves on their supply chain logistics. 410 00:26:05,840 --> 00:26:08,159 Speaker 1: And then of course data analytics, which are part of 411 00:26:08,359 --> 00:26:12,080 Speaker 1: every single modern business. Now it doesn't matter what you're selling, 412 00:26:12,640 --> 00:26:14,960 Speaker 1: you want to know everything about the person buying it. 413 00:26:15,280 --> 00:26:18,840 Speaker 1: And then waste reduction efforts. Waste is a huge problem 414 00:26:18,960 --> 00:26:21,760 Speaker 1: in the fashion industry, which we'll explore in a later 415 00:26:21,800 --> 00:26:25,720 Speaker 1: episode properly. And then really jets stuff that sounds very 416 00:26:26,600 --> 00:26:31,800 Speaker 1: utopian and jets and sci fi level here, like drone delivery. 417 00:26:32,200 --> 00:26:34,600 Speaker 1: Why go to a store, We'll just we'll send you that. 418 00:26:35,080 --> 00:26:37,000 Speaker 1: We'll send you that Louis Vutan drone. 419 00:26:37,359 --> 00:26:39,679 Speaker 2: But that's all good, right, all this sounds like a 420 00:26:39,800 --> 00:26:41,280 Speaker 2: step in the right direction. 421 00:26:41,480 --> 00:26:46,680 Speaker 1: Yeah, yeah, I mean yeah, hopefully it's it's definitely it's 422 00:26:47,800 --> 00:26:51,439 Speaker 1: it's definitely what we would want to happen, not to 423 00:26:51,760 --> 00:26:54,440 Speaker 1: for I hate this phrase, you guys, but it's definitely 424 00:26:54,440 --> 00:26:57,960 Speaker 1: what every stakeholder would want to see, from the companies 425 00:26:58,000 --> 00:27:01,120 Speaker 1: creating the stuff, to the people doing the actual work 426 00:27:01,160 --> 00:27:03,639 Speaker 1: of manufacturing it, to the people buying it at the 427 00:27:03,680 --> 00:27:06,760 Speaker 1: other end of the chain. The report also lists the 428 00:27:06,800 --> 00:27:12,480 Speaker 1: growing demand for sustainability and this part greater interest in 429 00:27:12,560 --> 00:27:16,919 Speaker 1: transparency and supply chains, along with a growing desire for 430 00:27:16,960 --> 00:27:20,920 Speaker 1: those established brands, those Nikes, those Adidas, and so on, 431 00:27:21,280 --> 00:27:25,280 Speaker 1: to participate in some way in political matters, which might 432 00:27:25,280 --> 00:27:29,480 Speaker 1: be surprising to some of our fellow listeners, because you know, 433 00:27:29,760 --> 00:27:36,680 Speaker 1: the factions of traditional media will sometimes give a or 434 00:27:36,760 --> 00:27:40,720 Speaker 1: in the past, they would give fashion brands some heat, 435 00:27:40,760 --> 00:27:43,119 Speaker 1: they would give them some smoke if they said, you know, 436 00:27:43,960 --> 00:27:47,760 Speaker 1: we support one movement or another. I'm not gonna say, 437 00:27:47,960 --> 00:27:49,439 Speaker 1: you know, I'm not saying it's going to go as 438 00:27:49,480 --> 00:27:54,360 Speaker 1: far as like we at Nike, we at Nike support 439 00:27:54,480 --> 00:27:57,680 Speaker 1: regime change in Iran or something like that, because that 440 00:27:58,960 --> 00:28:02,280 Speaker 1: won't help them sell shoes as soon as it helps 441 00:28:02,320 --> 00:28:07,320 Speaker 1: them sell something they care. Right when when, when, when 442 00:28:07,320 --> 00:28:11,359 Speaker 1: there was an opportunity uh to affect you know, the 443 00:28:11,400 --> 00:28:18,720 Speaker 1: second quarter profits by uh performatively allying oneself with a 444 00:28:18,840 --> 00:28:22,320 Speaker 1: cause d jore, then of course they're all in. That's money, 445 00:28:22,520 --> 00:28:24,399 Speaker 1: you know what I mean, just do it? 446 00:28:25,600 --> 00:28:32,360 Speaker 3: Sorry, yeah, I mean when the zeitgeys turns with a 447 00:28:32,440 --> 00:28:35,800 Speaker 3: large enough majority of the public opinion, right, that's when 448 00:28:35,800 --> 00:28:39,240 Speaker 3: it happens. That's when you can see every company coming 449 00:28:39,280 --> 00:28:43,320 Speaker 3: out with some kind of support for a movement. And 450 00:28:43,440 --> 00:28:46,480 Speaker 3: we've seen it pretty recently happening companies that you may 451 00:28:46,480 --> 00:28:52,600 Speaker 3: not expect to see from see that from MM. 452 00:28:51,240 --> 00:28:53,440 Speaker 1: And at the every at the you know, it's that 453 00:28:53,520 --> 00:28:57,120 Speaker 1: old saying at the heart of every great fortune lay 454 00:28:57,200 --> 00:29:00,760 Speaker 1: some sort of crime. No, honestly that that's a little 455 00:29:00,760 --> 00:29:05,240 Speaker 1: bit of a broad brush statement. You know, some people 456 00:29:05,360 --> 00:29:11,040 Speaker 1: and some institutions accumulate wealth because they do a good job. 457 00:29:11,080 --> 00:29:14,320 Speaker 1: It doesn't necessarily mean they broke the law or social 458 00:29:14,360 --> 00:29:19,960 Speaker 1: mores or taboos. But that doesn't make this statement entirely 459 00:29:20,160 --> 00:29:24,520 Speaker 1: untrue unless you've been living some sort of trogliditic existence, 460 00:29:25,480 --> 00:29:30,120 Speaker 1: and you never watch the news, and you've only wear 461 00:29:30,520 --> 00:29:35,560 Speaker 1: worn clothes that you made yourself. The odds are you 462 00:29:35,640 --> 00:29:40,080 Speaker 1: have heard about the ongoing concerns regarding the dark side 463 00:29:40,120 --> 00:29:41,240 Speaker 1: of the fashion industry. 464 00:29:41,720 --> 00:29:42,520 Speaker 5: It's very true. 465 00:29:42,560 --> 00:29:45,720 Speaker 3: Just to jump back really quickly to that concept of 466 00:29:46,000 --> 00:29:49,520 Speaker 3: a great fortune constituting at some point probably some kind 467 00:29:49,560 --> 00:29:51,440 Speaker 3: of crime or a crime at the heart of. 468 00:29:51,400 --> 00:29:52,040 Speaker 5: Something like that. 469 00:29:52,720 --> 00:29:55,239 Speaker 3: We've talked about it length before in this show, but 470 00:29:55,720 --> 00:29:58,840 Speaker 3: just to reiterate the concept here is that a great 471 00:29:58,920 --> 00:30:01,680 Speaker 3: fortune generally is not something that is built within a 472 00:30:01,680 --> 00:30:04,800 Speaker 3: couple of years. It takes time to build money up, 473 00:30:04,840 --> 00:30:07,520 Speaker 3: and then that money continues to accrue more money, and 474 00:30:07,560 --> 00:30:10,080 Speaker 3: it grows and grows and grows. The concept there is 475 00:30:10,120 --> 00:30:12,720 Speaker 3: that if you go back far enough with something that 476 00:30:12,760 --> 00:30:17,360 Speaker 3: would be considered a great fortune, there's probably some act 477 00:30:17,680 --> 00:30:22,200 Speaker 3: or some process within, you know, creating a product or 478 00:30:22,240 --> 00:30:24,800 Speaker 3: pulling something out of the ground, like a natural resource, 479 00:30:25,040 --> 00:30:29,240 Speaker 3: where there was something terrible that happened to other people 480 00:30:29,760 --> 00:30:32,920 Speaker 3: in order for that fortune to be generated. That's all 481 00:30:32,960 --> 00:30:33,479 Speaker 3: we're saying. 482 00:30:33,520 --> 00:30:37,400 Speaker 1: Oh yeah, yeah, Like the Kennedy dynasty of political dynasty 483 00:30:37,400 --> 00:30:42,160 Speaker 1: here in the US, pretty solid evidence that they got 484 00:30:42,160 --> 00:30:45,760 Speaker 1: their start in bootlegging and then later sort of diversified 485 00:30:45,800 --> 00:30:46,680 Speaker 1: into politics. 486 00:30:47,600 --> 00:30:50,280 Speaker 3: Yeah, and you know, that's not to say that bootlegging 487 00:30:50,480 --> 00:30:53,480 Speaker 3: was the absolute worst crime ever, but it was certainly 488 00:30:53,520 --> 00:30:55,960 Speaker 3: illegal at the time when it was being done. 489 00:30:56,520 --> 00:30:59,440 Speaker 2: And real quick, I think we buried the lead here. Troglodenic. 490 00:31:02,200 --> 00:31:03,800 Speaker 2: Amazing word, amazing word. 491 00:31:03,840 --> 00:31:08,120 Speaker 1: Ben Finally, oh, you know, we didn't write it. But yeah, 492 00:31:08,560 --> 00:31:12,840 Speaker 1: just living like a chocolate diet living it means cave dweller. 493 00:31:13,240 --> 00:31:17,920 Speaker 1: It's just like the it's the fancy version of cave dweller. 494 00:31:18,240 --> 00:31:21,719 Speaker 1: It's the overpriced, upmarket fashion version of cave dweller. 495 00:31:22,120 --> 00:31:22,480 Speaker 2: Love it. 496 00:31:23,400 --> 00:31:26,520 Speaker 1: But you know, speaking like of the fashion industry, of 497 00:31:26,600 --> 00:31:30,520 Speaker 1: the idea of crime, the dark side of the fashion industry, 498 00:31:31,040 --> 00:31:35,840 Speaker 1: we're not talking about the stories or the sometimes sordid 499 00:31:35,920 --> 00:31:40,120 Speaker 1: lives of hot shot gurus of design or influencers. And 500 00:31:40,160 --> 00:31:44,200 Speaker 1: we're not talking about the cabals that meet to determine 501 00:31:44,240 --> 00:31:48,160 Speaker 1: what quote unquote hot color palettes and products will be 502 00:31:48,320 --> 00:31:50,719 Speaker 1: for the given year. But those cabals exist. 503 00:31:51,120 --> 00:31:52,040 Speaker 2: It's crazy. 504 00:31:52,280 --> 00:31:54,760 Speaker 1: There's a there are groups of people who get together 505 00:31:54,840 --> 00:31:58,719 Speaker 1: every year and decide what will be in fashion or 506 00:31:58,720 --> 00:32:03,000 Speaker 1: cool and when they do it. Part of how they 507 00:32:03,480 --> 00:32:06,560 Speaker 1: part of their process, is to try to make it 508 00:32:06,600 --> 00:32:10,680 Speaker 1: seem like everyone just organically agreed, which is ridiculous. I 509 00:32:10,920 --> 00:32:13,360 Speaker 1: wonder if that happens in other industries. I hope it 510 00:32:13,400 --> 00:32:16,400 Speaker 1: happens in other industries. I hope there's like a cabal 511 00:32:16,640 --> 00:32:20,120 Speaker 1: for thinking of what the silliest thing would be. 512 00:32:20,480 --> 00:32:21,719 Speaker 5: I'm hoping those podcasts. 513 00:32:22,440 --> 00:32:25,200 Speaker 1: Yeah, yeah, is there a cabal for podcasts? 514 00:32:25,560 --> 00:32:27,600 Speaker 2: How do we get in that room? I think it's 515 00:32:27,600 --> 00:32:29,880 Speaker 2: called iHeartMedia. 516 00:32:31,160 --> 00:32:33,640 Speaker 1: Well, we don't have the best track record, then. 517 00:32:33,680 --> 00:32:35,960 Speaker 2: No, no, you guys, I just don't thing. It occurs 518 00:32:35,960 --> 00:32:38,640 Speaker 2: to me. Can we dub this episode the Dark Side 519 00:32:38,640 --> 00:32:40,840 Speaker 2: of the Loom? 520 00:32:41,040 --> 00:32:42,400 Speaker 5: That's cool, that's pretty cood. 521 00:32:42,680 --> 00:32:46,160 Speaker 2: Just it's I mean, you know, just submitted for your 522 00:32:46,200 --> 00:32:49,440 Speaker 2: approval and things are about to get dark. These harrowing 523 00:32:49,480 --> 00:32:52,640 Speaker 2: tales of the people actually making the clothes, you know, 524 00:32:52,920 --> 00:32:57,280 Speaker 2: the ones actually operating these looms, these massive machines creating 525 00:32:57,280 --> 00:33:00,680 Speaker 2: the fabric. The stories they get kind of filed away 526 00:33:01,360 --> 00:33:06,120 Speaker 2: in some back room, you know, or some step along 527 00:33:06,160 --> 00:33:11,320 Speaker 2: the way of this absurdly clandestine, you know, meandering supply 528 00:33:11,480 --> 00:33:16,560 Speaker 2: chain from the factory to the fashion show, the runway 529 00:33:17,320 --> 00:33:20,040 Speaker 2: to the retail rack or you got your high street 530 00:33:20,040 --> 00:33:23,600 Speaker 2: boutiques in London. I love the idea of the high Street. 531 00:33:23,800 --> 00:33:25,480 Speaker 2: I've never been, but I always think of it as 532 00:33:25,520 --> 00:33:29,040 Speaker 2: being like an elevation thing, like the high Street is literally, 533 00:33:29,120 --> 00:33:32,360 Speaker 2: like somehow higher than the other streets. But that's not true. 534 00:33:32,600 --> 00:33:34,719 Speaker 2: They just call it the high Street because it's just 535 00:33:34,960 --> 00:33:37,800 Speaker 2: like a main street in the United States. So what's 536 00:33:37,880 --> 00:33:40,040 Speaker 2: the secret story behind all of this stuff? 537 00:33:40,440 --> 00:33:42,720 Speaker 3: And we'll tell you right after a quick work from 538 00:33:42,720 --> 00:33:46,600 Speaker 3: our sponsor. Pretty sure it's a high end fashion retailer. 539 00:33:53,560 --> 00:33:55,760 Speaker 2: Here's where it gets crazy. 540 00:33:56,880 --> 00:34:00,400 Speaker 1: The secret story of the fashion industry, or one of them, 541 00:34:00,720 --> 00:34:07,400 Speaker 1: is slavery. Not being hyperbolic here, not exaggerating, not embellishing, 542 00:34:07,640 --> 00:34:12,920 Speaker 1: not chasing a sensational headline, slavery. At this point, it's 543 00:34:12,960 --> 00:34:16,600 Speaker 1: a stretch to even call it a secret, although it 544 00:34:16,719 --> 00:34:22,520 Speaker 1: is definitely something apparel industry giants historically have not and 545 00:34:22,560 --> 00:34:25,080 Speaker 1: in several cases still don't want. 546 00:34:24,840 --> 00:34:25,480 Speaker 2: You to know. 547 00:34:26,920 --> 00:34:31,680 Speaker 1: There's a twenty eighteen report by the outfit Globalslaveryindex dot 548 00:34:31,800 --> 00:34:36,799 Speaker 1: org where they found that the fashion industry has not 549 00:34:36,840 --> 00:34:42,160 Speaker 1: just involvement with the practice of modern slavery, but huge, 550 00:34:42,200 --> 00:34:48,480 Speaker 1: gigantic economic impact on it. It's the fashion industry's existence 551 00:34:48,920 --> 00:34:52,960 Speaker 1: and the way it moves now is very very good 552 00:34:53,040 --> 00:34:57,480 Speaker 1: for the slave trade specifically. A quote from this report 553 00:34:57,760 --> 00:35:01,960 Speaker 1: finds that the fashion supply chain funnels more money toward 554 00:35:02,080 --> 00:35:07,719 Speaker 1: modern slavery than any other industry besides technology. And why 555 00:35:07,800 --> 00:35:12,160 Speaker 1: is that important? Just to exacerbate this in absolute terms, 556 00:35:12,400 --> 00:35:17,640 Speaker 1: there are more slaves alive right now in slaved than 557 00:35:17,680 --> 00:35:20,440 Speaker 1: at any other point in modern history. 558 00:35:21,280 --> 00:35:25,720 Speaker 3: Yeah, And a lot of this trouble arises when you've 559 00:35:25,800 --> 00:35:30,960 Speaker 3: got a let's say, a company based in country A, 560 00:35:31,440 --> 00:35:35,040 Speaker 3: let's just say the United States for this example, and 561 00:35:35,320 --> 00:35:38,720 Speaker 3: all of your manufacturing for the products that you're creating 562 00:35:38,760 --> 00:35:42,320 Speaker 3: that you've designed, it's being done in company B, which 563 00:35:42,400 --> 00:35:46,600 Speaker 3: is halfway across the world somewhere where the rule of 564 00:35:46,719 --> 00:35:51,440 Speaker 3: law is very different in that country, and the laws 565 00:35:51,800 --> 00:35:54,200 Speaker 3: in country A and B do not apply to one another. 566 00:35:54,960 --> 00:35:58,080 Speaker 3: So then when you're trading and making deals and setting 567 00:35:58,120 --> 00:36:03,640 Speaker 3: up contracts, it's just becomes a very different system, right, 568 00:36:04,040 --> 00:36:06,919 Speaker 3: And it's there's a lot of trouble in enforcing law 569 00:36:07,000 --> 00:36:09,680 Speaker 3: in country B when you're in country A and you 570 00:36:09,719 --> 00:36:11,640 Speaker 3: know there's a crime being committed, or if you know 571 00:36:11,719 --> 00:36:14,040 Speaker 3: you're in country B and there's a crime being committed 572 00:36:14,080 --> 00:36:17,120 Speaker 3: in country A. It's just a it's a tough thing 573 00:36:17,200 --> 00:36:19,879 Speaker 3: to deal with. The big problem here is that many 574 00:36:19,880 --> 00:36:22,120 Speaker 3: of the companies who are operating in this way to 575 00:36:22,160 --> 00:36:26,239 Speaker 3: get cheap labor in a different country are aware that 576 00:36:26,320 --> 00:36:30,560 Speaker 3: these problems exist, or it can it can be assumed 577 00:36:30,760 --> 00:36:31,560 Speaker 3: that they're aware. 578 00:36:32,200 --> 00:36:35,400 Speaker 1: And it's important to say, you know, we're talking in 579 00:36:35,440 --> 00:36:40,640 Speaker 1: absolute terms when we explore modern slavery, but it comes 580 00:36:40,640 --> 00:36:41,840 Speaker 1: from a couple of factors. 581 00:36:41,920 --> 00:36:42,160 Speaker 5: You know. 582 00:36:42,520 --> 00:36:45,440 Speaker 1: One we have to we have to be objective and 583 00:36:45,480 --> 00:36:48,840 Speaker 1: say part of it is due to the overall rise 584 00:36:48,920 --> 00:36:50,239 Speaker 1: of the human population. 585 00:36:51,040 --> 00:36:51,239 Speaker 2: Right. 586 00:36:52,280 --> 00:36:56,000 Speaker 1: That turns out, actually that's probably going to be a fad. 587 00:36:56,440 --> 00:37:01,880 Speaker 1: Global fertility rates are are crashing. Just because there are 588 00:37:01,960 --> 00:37:05,600 Speaker 1: more people enslaved and absolute numbers, that doesn't mean the 589 00:37:05,680 --> 00:37:11,240 Speaker 1: percentage of people enslaved is necessarily at an all time high. 590 00:37:11,239 --> 00:37:13,719 Speaker 1: For more information on this, please do check out our 591 00:37:13,840 --> 00:37:18,319 Speaker 1: earlier episode on modern slavery. But there's another part of this, 592 00:37:18,440 --> 00:37:21,120 Speaker 1: and I think it's what you're you're speaking to here, 593 00:37:21,239 --> 00:37:26,600 Speaker 1: matt Uh, the interaction of the fashion industry. It's it's 594 00:37:26,680 --> 00:37:31,120 Speaker 1: not an altruistic affair, right, it's not a nonprofit. It's 595 00:37:31,160 --> 00:37:32,200 Speaker 1: not a not for profit. 596 00:37:32,640 --> 00:37:34,360 Speaker 2: It is it is clearly a. 597 00:37:34,440 --> 00:37:39,440 Speaker 1: Profit driven endeavor, this unending search for cost cutting, to 598 00:37:39,600 --> 00:37:43,400 Speaker 1: streamline supply chains. These are the kind of things that 599 00:37:43,480 --> 00:37:47,600 Speaker 1: could be considered sort of the Star Trek like continuing 600 00:37:47,840 --> 00:37:53,000 Speaker 1: mission of these global enterprises doing a the Captain Kirk 601 00:37:53,040 --> 00:37:54,440 Speaker 1: of inappropriate. 602 00:37:53,880 --> 00:37:54,680 Speaker 2: Jokes over here. 603 00:37:55,160 --> 00:37:58,640 Speaker 1: And we don't know how many slaves exist, right like, 604 00:37:58,840 --> 00:38:02,040 Speaker 1: that's that's terrified. We don't really know. 605 00:38:02,719 --> 00:38:05,080 Speaker 3: Yes, we do not know the exact numbers, but we 606 00:38:05,160 --> 00:38:07,360 Speaker 3: do have some estimates that we can point to here, 607 00:38:07,600 --> 00:38:12,360 Speaker 3: and it's harrowing stuff. It's estimated there are probably somewhere 608 00:38:12,400 --> 00:38:17,120 Speaker 3: around twenty seven to thirty million people who are enslaved 609 00:38:17,280 --> 00:38:21,240 Speaker 3: right now, and there are other outfits that have estimated 610 00:38:21,239 --> 00:38:25,480 Speaker 3: that number to be higher than forty million. And that's 611 00:38:25,560 --> 00:38:29,880 Speaker 3: across the entire globe that we're talking about. A lot 612 00:38:30,040 --> 00:38:32,400 Speaker 3: of the people who are enslaved are thought to be 613 00:38:32,440 --> 00:38:35,200 Speaker 3: in India. There are a couple other countries that also 614 00:38:35,320 --> 00:38:38,120 Speaker 3: have a large number of those who are enslaved. We're 615 00:38:38,120 --> 00:38:44,160 Speaker 3: looking at Russia, China, Nigeria, Pakistan, Ethiopia, the Democratic Republic 616 00:38:44,200 --> 00:38:52,279 Speaker 3: of Congo, Mayan Maar Burma, Bangladesh, and Pakistan. And you know, 617 00:38:52,360 --> 00:38:56,760 Speaker 3: that's really unfortunate to hear that. I mean, somewhere between 618 00:38:56,800 --> 00:39:01,120 Speaker 3: twenty seven and forty something million people that are enslaved 619 00:39:01,239 --> 00:39:02,280 Speaker 3: right now. 620 00:39:03,280 --> 00:39:06,640 Speaker 2: It's crazy. I mean. And before the episode started, we 621 00:39:06,640 --> 00:39:08,719 Speaker 2: were talking a little bit off Mike and I was like, Ben, 622 00:39:08,840 --> 00:39:11,600 Speaker 2: so when we say slavery, are we talking about just 623 00:39:11,680 --> 00:39:15,200 Speaker 2: super low wages? Are we talking about like some kind 624 00:39:15,280 --> 00:39:18,680 Speaker 2: You know, obviously there's prison labor, but I would consider 625 00:39:18,880 --> 00:39:23,000 Speaker 2: slave labor in its own weird way. And it turns 626 00:39:23,040 --> 00:39:24,759 Speaker 2: out there's this weird gray area and it's sort of 627 00:39:24,760 --> 00:39:26,640 Speaker 2: like a combination of a lot of these things sort 628 00:39:26,640 --> 00:39:28,920 Speaker 2: of mashed up. It's really kind of hard to track. 629 00:39:29,760 --> 00:39:31,799 Speaker 2: But yeah, at the end of the day, you call 630 00:39:31,840 --> 00:39:33,880 Speaker 2: it what it is. It's modern slavery. 631 00:39:34,200 --> 00:39:39,360 Speaker 1: Yes, And that is no small way distress to learn 632 00:39:39,440 --> 00:39:44,600 Speaker 1: that since the time we recorded modern slavery, and since 633 00:39:44,640 --> 00:39:47,520 Speaker 1: the time to the time that we're recording today's episode, 634 00:39:48,160 --> 00:39:53,280 Speaker 1: the average cost of quote unquote buying a human being 635 00:39:53,880 --> 00:39:55,320 Speaker 1: is still very. 636 00:39:56,160 --> 00:39:56,840 Speaker 2: Very cheap. 637 00:39:57,000 --> 00:40:02,719 Speaker 1: It's very low today in twenty twenty, according to nonprofit 638 00:40:02,760 --> 00:40:06,920 Speaker 1: watch group sites like modern day crimes dot org, in 639 00:40:07,000 --> 00:40:11,920 Speaker 1: multiple sources. The agreed upon average cost again this is 640 00:40:11,960 --> 00:40:17,359 Speaker 1: to buy a living human being is ninety dollars. That's 641 00:40:17,440 --> 00:40:21,480 Speaker 1: less than just for comparison, that's less than a lot 642 00:40:21,480 --> 00:40:25,800 Speaker 1: of people's monthly cable and internet bills. That's much less 643 00:40:26,160 --> 00:40:32,680 Speaker 1: than say a PlayStation or a game console of choice. 644 00:40:33,560 --> 00:40:38,080 Speaker 1: We are as a society saying that what one PlayStation 645 00:40:38,280 --> 00:40:42,600 Speaker 1: is worth four, maybe the new one's worth five human beings. 646 00:40:42,840 --> 00:40:43,800 Speaker 2: It's really disturbing. 647 00:40:44,680 --> 00:40:48,680 Speaker 1: So yeah, we're consider us available to ruin all your 648 00:40:48,719 --> 00:40:54,760 Speaker 1: future casual get togethers and cocktail parties. But to your point, Noel, 649 00:40:55,600 --> 00:40:59,879 Speaker 1: we do need to acknowledge that there is a blur 650 00:41:00,239 --> 00:41:04,200 Speaker 1: lying here. There is a gray area, liminal space in 651 00:41:04,280 --> 00:41:08,279 Speaker 1: the difference between very highly exploited labor and out and 652 00:41:08,280 --> 00:41:12,440 Speaker 1: out slavery. There's a definition that the CNN Freedom Project 653 00:41:12,680 --> 00:41:18,480 Speaker 1: us that we think is a good lay of the 654 00:41:18,560 --> 00:41:21,800 Speaker 1: land definition for what we mean when we say slavery today. 655 00:41:22,239 --> 00:41:27,040 Speaker 2: That's correct. They define modern slavery as a quote when 656 00:41:27,080 --> 00:41:32,480 Speaker 2: one person completely controls another person using violence or the 657 00:41:32,520 --> 00:41:37,560 Speaker 2: threat of violence to maintain that control and exploits them economically, 658 00:41:38,239 --> 00:41:41,040 Speaker 2: and they are not able to walk away. That threat 659 00:41:41,040 --> 00:41:44,239 Speaker 2: of violence could on this is me could also be 660 00:41:44,640 --> 00:41:48,480 Speaker 2: a threat to their family in any way, holding them 661 00:41:48,560 --> 00:41:53,120 Speaker 2: hostage and forcing them to do work against their will. 662 00:41:53,840 --> 00:41:57,680 Speaker 3: Yeah, we see a lot of times that this kind 663 00:41:57,800 --> 00:42:02,239 Speaker 3: of thing is enforced by one or one person or 664 00:42:02,239 --> 00:42:06,200 Speaker 3: one group holding on to the traveling papers essentially of 665 00:42:06,280 --> 00:42:09,720 Speaker 3: another or a family to where they cannot leave, where 666 00:42:09,760 --> 00:42:14,120 Speaker 3: they do not have any money to leave or to 667 00:42:14,320 --> 00:42:18,839 Speaker 3: gain access to other means of transportation or escape. It's 668 00:42:19,040 --> 00:42:21,200 Speaker 3: really rough stuff. 669 00:42:22,440 --> 00:42:22,520 Speaker 5: And. 670 00:42:24,000 --> 00:42:30,080 Speaker 1: It's all true. This is not conspiratorial theory. May see 671 00:42:30,200 --> 00:42:35,760 Speaker 1: headline chasing reports that focus on the many, many people 672 00:42:35,800 --> 00:42:43,080 Speaker 1: that are tragically forced into sexual exploitation, but looking at 673 00:42:43,080 --> 00:42:46,799 Speaker 1: the statistics for what we know, many more people. The 674 00:42:46,880 --> 00:42:51,000 Speaker 1: majority of people are forced into manual labor of some sort, 675 00:42:51,360 --> 00:42:56,239 Speaker 1: and of course it would be naive to not acknowledge 676 00:42:56,320 --> 00:42:59,799 Speaker 1: that the people forced into manual labor are often all 677 00:43:00,080 --> 00:43:06,000 Speaker 1: so exploited sexually by those impositions of power. This manual 678 00:43:06,080 --> 00:43:11,239 Speaker 1: labor includes stuff like the production of textiles fabrics, in 679 00:43:11,320 --> 00:43:15,400 Speaker 1: some cases the final step in manufacturing of clothing that 680 00:43:15,480 --> 00:43:19,080 Speaker 1: consumers around the world purchase, like literally the people who 681 00:43:19,120 --> 00:43:23,000 Speaker 1: take something that was made in a generic factory and 682 00:43:23,040 --> 00:43:26,239 Speaker 1: then so on. The name brand label, and then that 683 00:43:26,280 --> 00:43:30,080 Speaker 1: goes to someone in a store somewhere and they might 684 00:43:30,160 --> 00:43:34,400 Speaker 1: buy this, these shirts, these pants, these socks, these shoes, 685 00:43:34,440 --> 00:43:37,279 Speaker 1: et cetera, and wear them on a regular basis for 686 00:43:37,400 --> 00:43:46,040 Speaker 1: years without ever knowing the disquieting genesis of that piece 687 00:43:46,080 --> 00:43:50,520 Speaker 1: of clothing. It's modern slavery. And it's not you know, 688 00:43:50,920 --> 00:43:54,600 Speaker 1: we're focusing on the fashion industry, but longtime listeners, you know, 689 00:43:54,719 --> 00:44:00,759 Speaker 1: this has popped up in other cases, right in mining everywhere, 690 00:44:01,280 --> 00:44:05,360 Speaker 1: in certain agricultural goods. It's everywhere. 691 00:44:05,360 --> 00:44:06,520 Speaker 5: Theres lots of food production. 692 00:44:07,440 --> 00:44:13,440 Speaker 1: Yeah yeah, and people have even been you know, enslaved 693 00:44:13,480 --> 00:44:16,120 Speaker 1: in all but name here in the US to assist 694 00:44:16,200 --> 00:44:20,000 Speaker 1: with harvesting crops. Right, So, slavery is a link in 695 00:44:20,360 --> 00:44:25,239 Speaker 1: numerous supply chains. According to the US State Department, slavery 696 00:44:25,400 --> 00:44:29,560 Speaker 1: just by itself is a thirty billion dollar industry, and 697 00:44:29,600 --> 00:44:34,160 Speaker 1: it's an industry fueled by lack of transparency in unregulated 698 00:44:34,160 --> 00:44:38,880 Speaker 1: production and illegal work practices. It can take several forms 699 00:44:38,880 --> 00:44:39,840 Speaker 1: in the world of fashion. 700 00:44:40,120 --> 00:44:41,880 Speaker 2: Yeah, you gotta wonder too, Like, I mean, the paper 701 00:44:41,960 --> 00:44:45,120 Speaker 2: trail of all this, it's not like you know, it 702 00:44:45,880 --> 00:44:49,360 Speaker 2: incriminates these companies as like, Okay, we went out looking 703 00:44:49,360 --> 00:44:51,759 Speaker 2: for slave labor. It's just kind of part of a 704 00:44:51,760 --> 00:44:54,680 Speaker 2: bigger system, right, I mean, you know where it ends up. 705 00:44:54,680 --> 00:44:58,400 Speaker 2: It's like a byproduct of just this hunger for cheap 706 00:44:58,520 --> 00:45:02,440 Speaker 2: labor and cheap manufactur and we're complicit as a country. 707 00:45:02,719 --> 00:45:04,880 Speaker 2: It's not just fashion. I mean, it's like we crave this, 708 00:45:05,400 --> 00:45:08,000 Speaker 2: therefore there's a market for it, right Yeah. 709 00:45:08,040 --> 00:45:09,520 Speaker 3: And you never know who is going to be doing 710 00:45:09,520 --> 00:45:11,440 Speaker 3: what for that piece of clothing you're wearing because you 711 00:45:11,480 --> 00:45:14,120 Speaker 3: cannot see that supply chain when you go pick something 712 00:45:14,200 --> 00:45:16,080 Speaker 3: up and buy it. You can't see it. There's no 713 00:45:16,120 --> 00:45:18,919 Speaker 3: way to do it right now, because there may be 714 00:45:18,960 --> 00:45:22,160 Speaker 3: an enslaved person harvesting the cotton that became that shirt 715 00:45:22,200 --> 00:45:24,839 Speaker 3: you've got on or the pants that you're rocking right now. 716 00:45:25,239 --> 00:45:27,880 Speaker 3: A and enslaved person may have spun up all of 717 00:45:27,920 --> 00:45:30,920 Speaker 3: that fiber that cotton into yarn that created that thing. 718 00:45:31,280 --> 00:45:34,080 Speaker 3: There may have been an enslaved person that actually did 719 00:45:34,080 --> 00:45:37,880 Speaker 3: the final stitching on that shirt and thousands of others 720 00:45:37,920 --> 00:45:40,680 Speaker 3: that ended up in that retail store that you usually 721 00:45:40,719 --> 00:45:43,440 Speaker 3: go to. And it's going to be really tough for 722 00:45:43,520 --> 00:45:46,440 Speaker 3: you to prove that that's happening, or to look at 723 00:45:46,480 --> 00:45:49,680 Speaker 3: a label in some way and figure out if that 724 00:45:49,840 --> 00:45:52,520 Speaker 3: was if that happened at some point along the way. 725 00:45:52,880 --> 00:45:54,880 Speaker 2: Ben, is this the same kind of stuff that we 726 00:45:55,000 --> 00:45:57,719 Speaker 2: used to hear referred to as sweatshops back in the day. 727 00:45:58,200 --> 00:46:04,239 Speaker 1: Yeah, yeah, sweatshops. Sweatshops can straddle the line there. The 728 00:46:04,320 --> 00:46:08,879 Speaker 1: typical idea of a sweatshop is very underpaid labor, if 729 00:46:08,920 --> 00:46:11,880 Speaker 1: not outright slavery. But to go back to that idea 730 00:46:12,000 --> 00:46:15,440 Speaker 1: of the liminal space, you could say that the fashion 731 00:46:15,520 --> 00:46:21,040 Speaker 1: industry walks a fine line between slavery and exploited labor. 732 00:46:21,560 --> 00:46:24,320 Speaker 1: You could say they, I guess you could say, if 733 00:46:24,400 --> 00:46:26,239 Speaker 1: you want to be cutesy about it, that they thread 734 00:46:26,320 --> 00:46:29,000 Speaker 1: the needle. The thing here is, you know the problem 735 00:46:29,040 --> 00:46:33,400 Speaker 1: of enforcement. What is legal or accepted in one country, 736 00:46:33,480 --> 00:46:37,160 Speaker 1: such as a very low wage or very long working 737 00:46:37,200 --> 00:46:41,360 Speaker 1: hours in unsafe conditions, might be illegal in the country 738 00:46:41,440 --> 00:46:45,520 Speaker 1: where the ultimate end product is purchased. Right, So this 739 00:46:45,640 --> 00:46:51,880 Speaker 1: means that you can circumvent laws because remember, corporations nowadays 740 00:46:51,920 --> 00:46:56,919 Speaker 1: are often more more powerful than states or governments. We're 741 00:46:56,960 --> 00:47:02,040 Speaker 1: moving through that evolution of ultimately ultimate social power here. 742 00:47:02,480 --> 00:47:06,560 Speaker 1: Most of the interactions between fashion industry and modern slavery 743 00:47:06,640 --> 00:47:10,520 Speaker 1: come from as we said, global supply chains and slave 744 00:47:10,680 --> 00:47:17,320 Speaker 1: labor sort of infiltrates that fashion industry and myriad ways 745 00:47:17,360 --> 00:47:20,320 Speaker 1: in the supply chain, like the different ways, the different 746 00:47:20,360 --> 00:47:26,759 Speaker 1: avenues you mentioned, Matt, this also goes into it goes 747 00:47:26,760 --> 00:47:30,960 Speaker 1: into underage labor, child slavery. Imagine if you're a kid 748 00:47:31,440 --> 00:47:35,919 Speaker 1: born in extremely disadvantaged circumstances, you and your parents get 749 00:47:35,920 --> 00:47:40,080 Speaker 1: an offer for a gig that pays pretty well, and 750 00:47:40,120 --> 00:47:43,840 Speaker 1: you think, well, higher education is not a possibility for me. 751 00:47:45,000 --> 00:47:47,640 Speaker 1: I have to find a job to support my family, 752 00:47:48,400 --> 00:47:51,720 Speaker 1: like in very real terms, I have to be able 753 00:47:51,800 --> 00:47:53,960 Speaker 1: to buy food or medicine. 754 00:47:54,320 --> 00:47:55,520 Speaker 2: So I'll take this job. 755 00:47:55,600 --> 00:47:58,880 Speaker 1: I'll travel to this factory. They say they're going to 756 00:47:58,920 --> 00:48:01,319 Speaker 1: give me an education as well. This will be a 757 00:48:01,360 --> 00:48:04,200 Speaker 1: step up in life for me. But then you're in 758 00:48:04,440 --> 00:48:08,839 Speaker 1: coerced factory labor and you are kept in debt bondage. 759 00:48:09,200 --> 00:48:13,600 Speaker 1: Debt bondage is something that's going to be familiar to 760 00:48:13,680 --> 00:48:16,480 Speaker 1: many people because it takes many forms. This is an 761 00:48:16,520 --> 00:48:19,840 Speaker 1: explicit form of debt bondage. But you could also say 762 00:48:21,080 --> 00:48:24,960 Speaker 1: debt bondage is well. Debt bondage is a way of 763 00:48:25,280 --> 00:48:32,120 Speaker 1: an employer bilking an employee out of compensation by adding 764 00:48:32,160 --> 00:48:35,360 Speaker 1: a bunch of incurred costs. Right that they quote unquote 765 00:48:35,400 --> 00:48:39,440 Speaker 1: recoup before the person doing the actual work sees a penny. 766 00:48:39,760 --> 00:48:42,839 Speaker 1: This will be familiar to any musician who has ever 767 00:48:42,880 --> 00:48:44,280 Speaker 1: worked with a record label. 768 00:48:44,640 --> 00:48:45,600 Speaker 2: Right that, you. 769 00:48:45,560 --> 00:48:50,320 Speaker 1: Could make a pretty strong argument that something similar happens 770 00:48:50,360 --> 00:48:53,919 Speaker 1: with a lot of especially historically a lot of recording agreements. Right, 771 00:48:54,160 --> 00:48:56,719 Speaker 1: you get the money deductive for studio. I mean, how 772 00:48:56,760 --> 00:48:57,520 Speaker 1: does that work? Meant? 773 00:48:57,880 --> 00:49:01,600 Speaker 3: Oh, oh man, I don't no, no, I've never actually 774 00:49:01,600 --> 00:49:06,000 Speaker 3: worked with a label before. But yeah, it's just anyone 775 00:49:06,320 --> 00:49:11,879 Speaker 3: attempting to keep you on the hook for a debt 776 00:49:11,920 --> 00:49:14,520 Speaker 3: that you owe by adding more and more to that debt. 777 00:49:14,760 --> 00:49:17,160 Speaker 3: It's a story that we've heard more and more about 778 00:49:17,200 --> 00:49:20,319 Speaker 3: over the past ten years or so with regards to 779 00:49:20,400 --> 00:49:26,560 Speaker 3: human trafficking. When someone pays or needs to pay a 780 00:49:26,640 --> 00:49:30,120 Speaker 3: group several thousand dollars, let's say, to be moved from 781 00:49:30,120 --> 00:49:32,560 Speaker 3: one country to another country, and they have to do 782 00:49:32,600 --> 00:49:37,760 Speaker 3: it secretly. When the people arrive in the destination country, 783 00:49:38,320 --> 00:49:41,239 Speaker 3: the people that brought them there say, well, yeah, you 784 00:49:41,320 --> 00:49:43,960 Speaker 3: still owe us this money. How are you gonna pay 785 00:49:44,040 --> 00:49:44,840 Speaker 3: us back that money? 786 00:49:44,840 --> 00:49:45,640 Speaker 5: You have no money? 787 00:49:46,239 --> 00:49:50,560 Speaker 3: And then that group would then force them to do 788 00:49:50,640 --> 00:49:54,200 Speaker 3: things such as labor and other terrible things in order 789 00:49:54,239 --> 00:49:57,280 Speaker 3: to pay off that debt. But of course it's accruing interest, 790 00:49:57,400 --> 00:49:59,959 Speaker 3: so you never really are able to get out of debt, 791 00:50:00,360 --> 00:50:03,600 Speaker 3: and you just are essentially stuck in bondage. 792 00:50:03,920 --> 00:50:07,720 Speaker 1: Yeah, and if we look at that twenty eighteen report 793 00:50:07,880 --> 00:50:12,800 Speaker 1: mentioned by Global Slavery Index, one point two seven billion 794 00:50:12,880 --> 00:50:17,040 Speaker 1: dollars worth of garments were at least what they say, 795 00:50:17,239 --> 00:50:20,360 Speaker 1: what they phrase is at risk of including modern slavery 796 00:50:20,440 --> 00:50:24,760 Speaker 1: and their supply chain. They're imported annually by the G twenty. 797 00:50:24,840 --> 00:50:27,440 Speaker 1: That's the group of nations that accounts for eighty percent 798 00:50:27,480 --> 00:50:30,920 Speaker 1: of the world trade in this industry. If we look 799 00:50:30,960 --> 00:50:33,560 Speaker 1: at their demographics, from what we know of people who 800 00:50:33,640 --> 00:50:36,920 Speaker 1: are laboring in bondage or slavery, seventy one percent of 801 00:50:36,960 --> 00:50:41,360 Speaker 1: the population are thought to be women. So the question 802 00:50:41,840 --> 00:50:45,600 Speaker 1: what are people doing to try and stop this? The 803 00:50:45,680 --> 00:50:48,320 Speaker 1: kind of good news is they're trying to do some things. 804 00:50:48,680 --> 00:50:50,760 Speaker 1: We'll tell you more after a word from our sponsor. 805 00:50:57,960 --> 00:51:04,680 Speaker 1: So we're back once again. Legislation rears its head slowly 806 00:51:05,480 --> 00:51:09,480 Speaker 1: and inefficiently and imperfectly, but we're you know, we're getting 807 00:51:09,520 --> 00:51:14,360 Speaker 1: out there. Various Western countries have attempted to address this crisis. 808 00:51:14,600 --> 00:51:16,640 Speaker 1: Make no mistake, it is a crisis. It is a 809 00:51:16,680 --> 00:51:21,439 Speaker 1: conspiracy through legislation. In twenty ten, California passed an act 810 00:51:21,480 --> 00:51:25,480 Speaker 1: requiring large companies to publicly disclose their efforts to address 811 00:51:25,520 --> 00:51:29,160 Speaker 1: slavery and human trafficking in their supply chains. The UK 812 00:51:29,360 --> 00:51:32,000 Speaker 1: did the same thing or similar thing in the Modern 813 00:51:32,040 --> 00:51:36,440 Speaker 1: Slavery Act of twenty sixteen that said businesses past a 814 00:51:36,480 --> 00:51:41,400 Speaker 1: certain size have to publicly disseminate the actions they've taken 815 00:51:41,760 --> 00:51:46,560 Speaker 1: to combat supply chain slave labor. And that met with 816 00:51:46,600 --> 00:51:50,560 Speaker 1: some positive force. But we can only really describe it 817 00:51:50,600 --> 00:51:54,600 Speaker 1: as a good start because that legislation had problems. We 818 00:51:54,600 --> 00:51:57,080 Speaker 1: don't know how effective it was, we don't know to 819 00:51:57,080 --> 00:52:00,440 Speaker 1: what degree it was enforced. And you know, the forty 820 00:52:00,560 --> 00:52:04,280 Speaker 1: law only applies to California. There are forty nine other states, 821 00:52:04,560 --> 00:52:07,920 Speaker 1: and the really messed up stuff is happening in the 822 00:52:08,040 --> 00:52:12,960 Speaker 1: US controlled regions that aren't even considered states. And then 823 00:52:13,000 --> 00:52:15,760 Speaker 1: there's the there's the big bank conundrum. Right like, after 824 00:52:15,800 --> 00:52:19,080 Speaker 1: a certain after a certain point of profit right and 825 00:52:19,200 --> 00:52:23,880 Speaker 1: economic theft, then any kind of a lot of financial 826 00:52:23,880 --> 00:52:26,360 Speaker 1: punishment is just going to be folded into the cost 827 00:52:26,400 --> 00:52:29,640 Speaker 1: of business. Right, your bank, you do something crooked, you 828 00:52:29,719 --> 00:52:32,440 Speaker 1: get your you pay the fine. Yeah, you pay the 829 00:52:32,520 --> 00:52:35,040 Speaker 1: five You just pay the fine. It's not gonna It's 830 00:52:35,040 --> 00:52:38,400 Speaker 1: like if you got a twenty dollars ticket for legally parking, 831 00:52:38,760 --> 00:52:40,640 Speaker 1: you could tell yourself, well, if I parked in a 832 00:52:40,680 --> 00:52:43,480 Speaker 1: parking deck, it would have been twenty five dollars, and. 833 00:52:43,920 --> 00:52:47,040 Speaker 2: Again and again. Like this cost of doing business mentality 834 00:52:47,200 --> 00:52:52,319 Speaker 2: is such an American like staple of capitalism, like this 835 00:52:52,440 --> 00:52:56,719 Speaker 2: idea of you know, deregulation, or of like even the 836 00:52:56,760 --> 00:52:59,600 Speaker 2: idea that we can you know, why would I pay taxes? 837 00:53:00,600 --> 00:53:03,319 Speaker 2: Like why would I'd be stupid to pay taxes? You know, 838 00:53:03,360 --> 00:53:07,120 Speaker 2: I should do whatever I can to use these loopholes 839 00:53:07,360 --> 00:53:10,640 Speaker 2: to best serve my interests as a business person. You know. 840 00:53:10,920 --> 00:53:15,080 Speaker 2: The President says that very unabashedly, because it's considered like 841 00:53:15,160 --> 00:53:17,920 Speaker 2: a badge of honor to be I'm smart. You know. 842 00:53:18,000 --> 00:53:20,359 Speaker 2: If I wasn't smart, I would be paying taxes, you know. 843 00:53:20,560 --> 00:53:22,080 Speaker 2: And it's the same thing with this stuff. You know, 844 00:53:22,760 --> 00:53:25,600 Speaker 2: these leaders are like they're looking out for that bottom line. 845 00:53:25,600 --> 00:53:27,920 Speaker 2: I mean, I don't want to, you know, just it's 846 00:53:27,960 --> 00:53:31,359 Speaker 2: obviously beating a dead horse, but it's so clear, and yeah, 847 00:53:31,360 --> 00:53:33,000 Speaker 2: they just yeah, we'll pay the fine and we'll just 848 00:53:33,080 --> 00:53:35,000 Speaker 2: roll that into the cost of doing business. 849 00:53:35,200 --> 00:53:39,080 Speaker 1: It's a problem with loopholes, you know, there's a conflict 850 00:53:39,160 --> 00:53:42,800 Speaker 1: of interest all too often people who are making the laws. 851 00:53:43,520 --> 00:53:45,680 Speaker 1: And this is not just the US thing, this is 852 00:53:45,920 --> 00:53:48,560 Speaker 1: in every this is an everywhere thing. People who are 853 00:53:48,560 --> 00:53:52,480 Speaker 1: making the laws often have a vested financial interest in 854 00:53:52,640 --> 00:53:56,120 Speaker 1: carving out loopholes that take the teeth and claws from 855 00:53:56,160 --> 00:53:59,440 Speaker 1: those laws, that render them in some way ineffective, such 856 00:53:59,480 --> 00:54:05,440 Speaker 1: that they simultaneously appease the concerns of voters at least 857 00:54:05,480 --> 00:54:09,719 Speaker 1: for that news cycle, while also maintaining the economic status quo. 858 00:54:10,480 --> 00:54:14,920 Speaker 1: I mean, here's a story that the Jedi won't tell you. 859 00:54:15,200 --> 00:54:17,960 Speaker 1: If you live in the US, you've probably seen that 860 00:54:18,160 --> 00:54:22,120 Speaker 1: made and USA label on various products. The idea here 861 00:54:22,239 --> 00:54:25,160 Speaker 1: is that you see that you buy it because you're 862 00:54:25,200 --> 00:54:29,120 Speaker 1: supporting your domestic economy and you're also buying something that 863 00:54:29,160 --> 00:54:32,800 Speaker 1: conforms to the labor and employment laws of the US. 864 00:54:33,200 --> 00:54:35,840 Speaker 1: But we found an example from back in nineteen ninety 865 00:54:35,840 --> 00:54:40,040 Speaker 1: three that shows just how meaningless that phrase can be. 866 00:54:41,200 --> 00:54:44,319 Speaker 3: Yeah, back in nineteen ninety three, which was, by the way, 867 00:54:44,360 --> 00:54:47,960 Speaker 3: twenty seven years after that old maide In USA label 868 00:54:48,000 --> 00:54:52,080 Speaker 3: started making the rounds on pretty major brands. The New 869 00:54:52,160 --> 00:54:56,000 Speaker 3: York Times ended up they exposed a scam that have 870 00:54:56,080 --> 00:54:57,680 Speaker 3: been running for a long time. 871 00:54:57,719 --> 00:54:59,000 Speaker 5: So let's just talk about this. 872 00:55:00,280 --> 00:55:04,279 Speaker 3: A ton of industry giants, Arrow, Liz Claiborne, the Gap, 873 00:55:04,400 --> 00:55:07,200 Speaker 3: Montgomery Ward, Jeffrey Bean, there are a ton of them. 874 00:55:07,239 --> 00:55:08,600 Speaker 5: They were all using. 875 00:55:08,400 --> 00:55:11,040 Speaker 3: Oh Levi's, by the way, also included they were all 876 00:55:11,120 --> 00:55:12,760 Speaker 3: using the Maiden USA label. 877 00:55:13,600 --> 00:55:14,359 Speaker 5: But here's the thing. 878 00:55:14,920 --> 00:55:19,799 Speaker 3: They were actually manufacturing clothing in a place called the 879 00:55:19,920 --> 00:55:24,680 Speaker 3: Northern Marians or the Northern Mariana Islands. Now, this is 880 00:55:24,719 --> 00:55:27,239 Speaker 3: a really interesting case and it's exactly that kind of 881 00:55:27,280 --> 00:55:31,759 Speaker 3: loophole we're describing here where the Northern Mariana Islands are 882 00:55:31,800 --> 00:55:35,320 Speaker 3: not a United States state. They're not a US state, correct, 883 00:55:35,600 --> 00:55:39,720 Speaker 3: They are a commonwealth technically, that's where they are. It's 884 00:55:39,800 --> 00:55:41,600 Speaker 3: you know, they're islands that are out in the Northwest 885 00:55:41,640 --> 00:55:47,880 Speaker 3: Pacific Ocean. And the problem here is that in this commonwealth, 886 00:55:48,400 --> 00:55:53,640 Speaker 3: the same rules don't necessarily apply that if you were 887 00:55:53,680 --> 00:55:56,719 Speaker 3: a citizen of the United States. It's a weird again, 888 00:55:56,760 --> 00:55:59,719 Speaker 3: a loophole situation where there are some similarities, but it's 889 00:55:59,760 --> 00:56:02,960 Speaker 3: not the same thing. The workers there in the Northern 890 00:56:02,960 --> 00:56:07,239 Speaker 3: Mariana Islands, they were often migrant laborers from other countries, 891 00:56:07,400 --> 00:56:11,440 Speaker 3: specifically from the Philippines and China and other Asian region countries. 892 00:56:12,040 --> 00:56:15,359 Speaker 3: They would live on site at these factories where manufacturing 893 00:56:15,440 --> 00:56:19,840 Speaker 3: was occurring. They were living in dormitories that were just terrible. 894 00:56:20,440 --> 00:56:24,000 Speaker 3: They were working ridiculously long days, and they were making 895 00:56:24,000 --> 00:56:26,840 Speaker 3: two dollars and fifteen cents an hour, which was almost 896 00:56:26,880 --> 00:56:30,720 Speaker 3: exactly half of the guaranteed federal wage that the United 897 00:56:30,760 --> 00:56:34,719 Speaker 3: States would would give to anyone working at that time 898 00:56:34,760 --> 00:56:39,960 Speaker 3: in nineteen ninety three. It's really crazy. The worst part 899 00:56:40,000 --> 00:56:44,600 Speaker 3: is that if those factory workers like spoke up, guess 900 00:56:44,600 --> 00:56:45,240 Speaker 3: what would happen. 901 00:56:45,800 --> 00:56:49,000 Speaker 1: Yeah, Unfortunately we don't have to guess because we have 902 00:56:49,120 --> 00:56:52,759 Speaker 1: stories from the people who survived this experience. They were 903 00:56:52,800 --> 00:56:55,920 Speaker 1: booted off the project, they were shipped back to their 904 00:56:55,920 --> 00:57:00,520 Speaker 1: country of origin, and additionally, the wages as they were 905 00:57:00,560 --> 00:57:05,120 Speaker 1: due were confiscated. So that's I think that's an example 906 00:57:06,120 --> 00:57:11,640 Speaker 1: of the liminal space between exploitation of labor and slavery, 907 00:57:11,760 --> 00:57:14,400 Speaker 1: because you had someone who was able to hold that 908 00:57:14,680 --> 00:57:18,240 Speaker 1: over you. If you complain, we're just not going to 909 00:57:18,320 --> 00:57:22,120 Speaker 1: pay you. And in nineteen ninety three, at the time 910 00:57:22,160 --> 00:57:26,080 Speaker 1: of that exposa, clothing from the Northern Marianas only made 911 00:57:26,120 --> 00:57:29,600 Speaker 1: up about one percent of the twenty nine billion dollars 912 00:57:29,600 --> 00:57:34,520 Speaker 1: in clothing imported into the US, but it accounted for 913 00:57:34,640 --> 00:57:38,920 Speaker 1: up to twenty percent of the clothing sold worldwide by 914 00:57:38,960 --> 00:57:42,720 Speaker 1: some large American companies. And now you have to think, like, 915 00:57:42,760 --> 00:57:46,760 Speaker 1: if you're the average US customer in nineteen ninety three, 916 00:57:47,600 --> 00:57:49,480 Speaker 1: how in the hell are you going to be aware 917 00:57:49,480 --> 00:57:50,840 Speaker 1: of that? How are you going to know? 918 00:57:51,080 --> 00:57:51,800 Speaker 2: How are you going to know? 919 00:57:53,400 --> 00:57:58,040 Speaker 1: And while we're being fair in many cases, especially in 920 00:57:58,080 --> 00:58:01,160 Speaker 1: the past, it's not as if these company all got 921 00:58:01,200 --> 00:58:05,000 Speaker 1: together and pulled some sort of Monty Burns things, steepling 922 00:58:05,080 --> 00:58:09,360 Speaker 1: their fingers and like yes so about the slave trade. No, 923 00:58:09,600 --> 00:58:14,280 Speaker 1: because the complex supply chains here make it possible, plausible 924 00:58:14,520 --> 00:58:19,760 Speaker 1: in some cases even probable, that many companies genuinely were 925 00:58:19,880 --> 00:58:24,320 Speaker 1: unaware of their complicit participation in slavery. They see that 926 00:58:24,360 --> 00:58:28,160 Speaker 1: they get a great price on cotton, right and sign 927 00:58:28,240 --> 00:58:31,000 Speaker 1: a several year contract for that, and then that goes 928 00:58:31,040 --> 00:58:34,080 Speaker 1: to a different company that has a factory where the 929 00:58:34,080 --> 00:58:37,000 Speaker 1: cotton is process they sign a contract for that, and 930 00:58:37,040 --> 00:58:39,320 Speaker 1: then that goes to a different company and so on 931 00:58:39,400 --> 00:58:41,200 Speaker 1: and so on and so on until it gets to 932 00:58:41,280 --> 00:58:47,080 Speaker 1: a store they didn't do due diligence, and performing due 933 00:58:47,120 --> 00:58:50,360 Speaker 1: diligence on every aspect of a supply chain has to 934 00:58:50,400 --> 00:58:53,640 Speaker 1: be If we're considering financial punishment for breaking the law 935 00:58:53,880 --> 00:58:57,520 Speaker 1: a cost of doing business, then due diligence should logically 936 00:58:57,800 --> 00:59:01,520 Speaker 1: also be a cost of business going forward. Will that 937 00:59:01,560 --> 00:59:06,920 Speaker 1: make clothing more expensive? I mean, yeah, probably, I would imagine. 938 00:59:07,200 --> 00:59:09,520 Speaker 2: Yeah, Like I felt like maybe I was misusing this 939 00:59:09,600 --> 00:59:11,960 Speaker 2: term when I've when I've used in the past, but 940 00:59:12,000 --> 00:59:13,360 Speaker 2: I just looked it up and I think it applies 941 00:59:13,440 --> 00:59:16,439 Speaker 2: the idea of the banality of evil. You know, there's 942 00:59:16,480 --> 00:59:20,680 Speaker 2: a philosopher named Aren't who referred to the Nazi war 943 00:59:20,720 --> 00:59:24,600 Speaker 2: criminal Eichmann as being an example of the banality of evil, 944 00:59:24,600 --> 00:59:27,880 Speaker 2: that he wasn't inherently evil, but just shallow and clueless. 945 00:59:28,200 --> 00:59:30,440 Speaker 2: And that's kind of what this this all is. You know, 946 00:59:30,480 --> 00:59:34,200 Speaker 2: these corporations, maybe they're not inherently evil, but they just 947 00:59:34,280 --> 00:59:38,200 Speaker 2: don't care enough to like know what's going on, and 948 00:59:38,240 --> 00:59:41,080 Speaker 2: it's just a byproduct of like the whole capitalist system 949 00:59:41,120 --> 00:59:44,360 Speaker 2: that yeah, you know, just a couple of bad apples, right, 950 00:59:44,520 --> 00:59:46,760 Speaker 2: this is there's yeah, sure there might be a little 951 00:59:46,760 --> 00:59:49,360 Speaker 2: slavery in there, but it's mainly fine. 952 00:59:49,600 --> 00:59:53,480 Speaker 1: So who cares, right, people like problems that are removed, 953 00:59:54,040 --> 00:59:58,160 Speaker 1: I mean to On the other hand, to that point, right, yes, 954 00:59:58,240 --> 01:00:01,720 Speaker 1: this this will probably make clothing more expensive. You can 955 01:00:01,760 --> 01:00:08,160 Speaker 1: buy you can buy sourced clothing that is described as 956 01:00:08,200 --> 01:00:11,440 Speaker 1: sustainable in terms of impact on the environment, in terms 957 01:00:11,480 --> 01:00:14,640 Speaker 1: of their wage and employment practices, and yeah, it tends 958 01:00:14,680 --> 01:00:18,120 Speaker 1: to be more expensive. But on the other side of 959 01:00:18,160 --> 01:00:21,160 Speaker 1: the coin, since we're talking about money, on the other 960 01:00:21,200 --> 01:00:23,880 Speaker 1: side of the figurative coin here, do you want to 961 01:00:23,920 --> 01:00:26,440 Speaker 1: live in a world where you, in some way are 962 01:00:26,480 --> 01:00:31,120 Speaker 1: supporting the enslavement of human beings because you say five 963 01:00:31,240 --> 01:00:34,840 Speaker 1: to fifteen or whatever bucks at the register? Do you want, 964 01:00:34,880 --> 01:00:38,560 Speaker 1: like we have to ask ourselves, are we comfortable with 965 01:00:38,720 --> 01:00:43,000 Speaker 1: this arrangement because it's happening in a way that we 966 01:00:43,080 --> 01:00:46,360 Speaker 1: cannot immediately see if you had to go to the 967 01:00:46,440 --> 01:00:48,600 Speaker 1: people who were enslaved and you had to buy that 968 01:00:48,640 --> 01:00:51,400 Speaker 1: stuff directly from them and look them in the eye, 969 01:00:51,440 --> 01:00:55,800 Speaker 1: and you know acknowledge like life sucks and people are terrible, 970 01:00:56,840 --> 01:01:02,440 Speaker 1: but I am. I am a great that it's better 971 01:01:02,520 --> 01:01:04,920 Speaker 1: for me because this is eight bucks instead of twelve. 972 01:01:05,280 --> 01:01:07,400 Speaker 1: I think a lot more people would be a lot 973 01:01:07,440 --> 01:01:08,720 Speaker 1: more uncomfortable with the. 974 01:01:08,720 --> 01:01:12,520 Speaker 2: Idea or food processing. That's a good example, right, people 975 01:01:12,560 --> 01:01:16,000 Speaker 2: will eat something because they don't have to watch the 976 01:01:16,120 --> 01:01:19,480 Speaker 2: cow get slaughtered. They don't have to watch the bolt 977 01:01:19,520 --> 01:01:22,640 Speaker 2: gun shoot into its brain. You know, So you're at 978 01:01:22,640 --> 01:01:25,840 Speaker 2: a remove. Therefore it's easy for you to just kind 979 01:01:25,880 --> 01:01:28,760 Speaker 2: of absolve yourself of any responsibility. You know. I'm not 980 01:01:28,800 --> 01:01:31,600 Speaker 2: saying that killing cattle is bad or is in any 981 01:01:31,640 --> 01:01:34,400 Speaker 2: way equivalent to slave labor, but it's a similar, you know, 982 01:01:34,600 --> 01:01:37,200 Speaker 2: kind of that remove is very similar. 983 01:01:37,360 --> 01:01:39,760 Speaker 3: Then you've painted a picture of my head where I'm 984 01:01:39,800 --> 01:01:45,480 Speaker 3: imagining a small booth where there is let's say it's 985 01:01:45,480 --> 01:01:47,600 Speaker 3: in India because that's where a lot of the modern 986 01:01:47,600 --> 01:01:51,360 Speaker 3: slavery is occurring, or you know, any other country where 987 01:01:51,360 --> 01:01:53,880 Speaker 3: it's occurring. There's a small booth where there's one person 988 01:01:53,920 --> 01:01:56,200 Speaker 3: sitting behind that booth, and there's a big rack of 989 01:01:56,320 --> 01:02:01,440 Speaker 3: designer or fashion clothes behind them, and when a customer 990 01:02:01,480 --> 01:02:05,400 Speaker 3: comes up, picks out a piece of clothing, hands the 991 01:02:05,800 --> 01:02:08,760 Speaker 3: person behind that booth, let's say one hundred and twenty 992 01:02:08,840 --> 01:02:12,640 Speaker 3: dollars a US for this piece of clothing, and that 993 01:02:12,680 --> 01:02:15,240 Speaker 3: person behind the booth takes that money, gives you that 994 01:02:15,280 --> 01:02:18,400 Speaker 3: piece of clothing that they made by their hands, hands 995 01:02:18,440 --> 01:02:21,400 Speaker 3: that money to their employer which is standing right next 996 01:02:21,400 --> 01:02:24,080 Speaker 3: to them, and the employer gives them back half of 997 01:02:24,120 --> 01:02:28,600 Speaker 3: a penny or you know, one cent in order for 998 01:02:28,720 --> 01:02:31,360 Speaker 3: all of the labor. The actual human being that created 999 01:02:31,400 --> 01:02:38,400 Speaker 3: that thing gets, you know, whatever minuscule fraction if anything, 1000 01:02:39,200 --> 01:02:42,040 Speaker 3: for creating that piece of clothing for you, the end user, 1001 01:02:42,320 --> 01:02:43,959 Speaker 3: it is just man. 1002 01:02:43,880 --> 01:02:48,360 Speaker 1: Yeah, I you know the thing is I. I know 1003 01:02:48,480 --> 01:02:52,320 Speaker 1: this can come off as sanctimonious, so we also have 1004 01:02:52,480 --> 01:02:56,720 Speaker 1: to admit it is very difficult to It is very 1005 01:02:56,760 --> 01:03:00,760 Speaker 1: difficult for us when we're buying stuff to be aware 1006 01:03:01,040 --> 01:03:05,760 Speaker 1: of just how many horrible injustices or shenanigans. If you 1007 01:03:05,760 --> 01:03:09,000 Speaker 1: want to be glib, go into this right Like how 1008 01:03:09,880 --> 01:03:13,320 Speaker 1: the demand for attention and the demand for research is 1009 01:03:13,360 --> 01:03:19,360 Speaker 1: so unending nowadays. Well like even in the course of 1010 01:03:19,400 --> 01:03:24,000 Speaker 1: this show, there are at least three other hidden sides 1011 01:03:24,040 --> 01:03:27,800 Speaker 1: of fashion that we have not covered in this episode. 1012 01:03:28,280 --> 01:03:33,520 Speaker 1: One we didn't cover the rampant sexual exploitation in the 1013 01:03:33,560 --> 01:03:38,160 Speaker 1: modeling industry, which is very closely related to the fashion industry. Two, 1014 01:03:38,560 --> 01:03:44,240 Speaker 1: we didn't cover the to me hilarious story of the deciders, 1015 01:03:44,280 --> 01:03:47,200 Speaker 1: those real life committees that get together every so often 1016 01:03:47,440 --> 01:03:50,720 Speaker 1: and decide what is or isn't going to be hot 1017 01:03:51,280 --> 01:03:56,120 Speaker 1: in the subjective shifting world of taste. And we didn't 1018 01:03:56,200 --> 01:03:59,680 Speaker 1: cover the pollution and the waste, which was you know, 1019 01:03:59,760 --> 01:04:02,160 Speaker 1: what's set us off on this path to begin with. 1020 01:04:02,600 --> 01:04:05,280 Speaker 1: So we have more to We have more to dive 1021 01:04:05,360 --> 01:04:07,160 Speaker 1: into in future episodes. 1022 01:04:07,200 --> 01:04:11,240 Speaker 3: I think certainly we haven't even talked about the psychological 1023 01:04:11,320 --> 01:04:16,840 Speaker 3: damage globally that the fashion industry has done for the 1024 01:04:16,880 --> 01:04:21,919 Speaker 3: you know, self image of women and men across the world. Yeah, 1025 01:04:22,040 --> 01:04:24,120 Speaker 3: so whole there are there's lots to go over here. 1026 01:04:24,440 --> 01:04:26,880 Speaker 3: So what do you think about all of this that 1027 01:04:26,920 --> 01:04:30,120 Speaker 3: we've discussed today, the ugly side of this giant industry, 1028 01:04:30,840 --> 01:04:33,280 Speaker 3: of the things that are on your body right now 1029 01:04:33,360 --> 01:04:37,200 Speaker 3: unless you're listening to this, you know, commando or naked 1030 01:04:37,320 --> 01:04:39,400 Speaker 3: or however you like to listen to the show. I mean, 1031 01:04:39,400 --> 01:04:42,520 Speaker 3: we don't judge. Whatever you want to do, what steps 1032 01:04:42,520 --> 01:04:46,280 Speaker 3: can be taken? Do you think to actually stop some 1033 01:04:46,400 --> 01:04:48,600 Speaker 3: of this not to. You know, have some kind of 1034 01:04:48,640 --> 01:04:52,640 Speaker 3: loophole legislation out there, but what can actually be done 1035 01:04:52,680 --> 01:04:55,000 Speaker 3: to change this whole thing. We want you to write 1036 01:04:55,000 --> 01:05:01,000 Speaker 3: to us if possible. Find us on Facebook, on Twitter, Instagram, 1037 01:05:01,040 --> 01:05:04,360 Speaker 3: all those we're mostly conspiracy stuff on Instagram or conspiracy 1038 01:05:04,400 --> 01:05:06,440 Speaker 3: stuff show. If you don't want to do that, you 1039 01:05:06,480 --> 01:05:08,840 Speaker 3: can give us a call. We're one eight three three 1040 01:05:09,400 --> 01:05:13,400 Speaker 3: std WYTK. Leave a message and you might get on 1041 01:05:13,680 --> 01:05:14,080 Speaker 3: the air. 1042 01:05:14,320 --> 01:05:14,880 Speaker 5: You never know. 1043 01:05:15,360 --> 01:05:17,320 Speaker 2: Yeah, a lot more opportunities for that these days with 1044 01:05:17,440 --> 01:05:21,840 Speaker 2: the weekly listener male episodes, so definitely hit us up. 1045 01:05:22,240 --> 01:05:24,160 Speaker 2: We love to hear from you. You can also join 1046 01:05:24,200 --> 01:05:25,880 Speaker 2: our Facebook group, which is a lot of fun. Here's 1047 01:05:25,880 --> 01:05:30,640 Speaker 2: where it gets crazy. Just name me Matt Ben, Super producer, Paul, 1048 01:05:30,720 --> 01:05:33,720 Speaker 2: Mission Control decant. There's some little tidbit about the show, 1049 01:05:33,760 --> 01:05:36,240 Speaker 2: so we know you're a real human person and we'll 1050 01:05:36,320 --> 01:05:38,560 Speaker 2: let you right on end. Great way to interact with 1051 01:05:38,560 --> 01:05:41,640 Speaker 2: other listeners, share memes, all of that, and also please 1052 01:05:41,880 --> 01:05:44,320 Speaker 2: do us a solid Go to Apple Podcasts and leave 1053 01:05:44,360 --> 01:05:46,440 Speaker 2: us a nice review if you enjoy the show. It 1054 01:05:46,480 --> 01:05:48,600 Speaker 2: seems like a small thing, but it actually goes a 1055 01:05:48,600 --> 01:05:51,600 Speaker 2: long way to help people discover the show and to 1056 01:05:51,680 --> 01:05:52,680 Speaker 2: help fight the trolls. 1057 01:05:53,040 --> 01:05:57,240 Speaker 1: And here's where it gets crazy. Honestly, fellow conspiracy realist, 1058 01:05:58,080 --> 01:06:01,040 Speaker 1: if you just make a dumb laugh and I chuckle, 1059 01:06:01,240 --> 01:06:04,280 Speaker 1: or even just sort of breathe air out of my 1060 01:06:04,360 --> 01:06:08,360 Speaker 1: nose a little bit more aggressively, the boom mission accomplished. 1061 01:06:08,360 --> 01:06:08,680 Speaker 2: You're in. 1062 01:06:09,440 --> 01:06:12,440 Speaker 1: If none of that quite bags your badgers, there is 1063 01:06:12,480 --> 01:06:15,600 Speaker 1: always one way you can get in touch with us. 1064 01:06:15,920 --> 01:06:19,640 Speaker 1: No delay, no waiting, no lines. All you need is 1065 01:06:19,680 --> 01:06:22,080 Speaker 1: some avenue to the Internet. You can reach out to 1066 01:06:22,120 --> 01:06:24,680 Speaker 1: us twenty four hours a day, seven days a week 1067 01:06:24,840 --> 01:06:27,160 Speaker 1: at our good old fashioned email address where. 1068 01:06:26,920 --> 01:06:49,640 Speaker 3: We are conspiracy at iHeartRadio dot com. Stuff they don't 1069 01:06:49,640 --> 01:06:52,600 Speaker 3: want you to know is a production of iHeartRadio. For 1070 01:06:52,680 --> 01:06:56,680 Speaker 3: more podcasts from iHeartRadio, visit the iHeartRadio app, Apple Podcasts, 1071 01:06:56,760 --> 01:07:00,120 Speaker 3: or wherever you listen to your favorite shows. M