So what does this have to do with Matalan? Well they are just one of many, many retailers exploiting this abundant resource comprised of huge swathes of impoverished people in the world, and a perfect example of the uncaring, calculating nature of global capitalism. Especially in light of the tragic events in Bangladesh over a year ago, and their refusal so far to pay the necessary compensation to the victims and their families. The continued stalling over what should be a straight forward admission of guilt only exposes the company (and the many others like them) for what they are. A company that places the needs of their owners ahead of the right to safety, security, and anything resembling a decent living standard for its indirect (and hidden) employees.
When you examine the numbers associated with this example of execrable behaviour towards members of Matalan's own global supply chain it brings the nature of this facet of western consumption into focus. The sharp contrast between how Matalan wishes to be perceived as a family friendly brand, and the truth (that they couldn't care less about the families of those victims), is eye-opening for many. When you see the figures it becomes increasingly difficult to comprehend the callousness of the family who owns Matalan, the Hargreaves family (just so everyone knows who they are).
1. In 2013-14 tax year Matalan made sales of £1.12billion.
2. Forbes list the Hargreaves net worth as $1.3billion.
3. Matalan only owe the fund £3million.
4. For their troubles the sweatshop workers of Bangladesh earned on average $38.50 per month whilst creating all those profits for Matalan et al.
Yet it looks like this appalling situation will bypass most of Matalan's customers, in addition to the plethora of other value brands consumers once again. All whilst the sweatshop, as a tool for profit masquerading as opportunities for the impoverished, is defended by many of those within the establishment.
No comments:
Post a Comment