nike and others use sweatshops and sitll have large pricetags so allow the companies to make more profit
as primark use sweatshops and have really small prices for things, how do they make such great profits aswell? the workers surely must be being paid even worse than more expensive brands and they get paid next to nothing
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OMG I don't believe it. It's been pulled. Primark lawyers contacted Ofcom about a breach of law, who then were obliged to pull the programme. It's apparently going to be back in a few weeks, after it's been re-edited (covering the identities of the employees who were secretly filmed).
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ViCTORiAsecretx wrote:
OMG I don't believe it. It's been pulled. Primark lawyers contacted Ofcom about a breach of law, who then were obliged to pull the programme. It's apparently going to be back in a few weeks, after it's been re-edited (covering the identities of the employees who were secretly filmed).
Oh right, I wondered why I couldn't see it on my TV guide.

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Oh good I thought I missed it. Im glad we all voiced our opinions and all shared different stories.
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Champagne Angel wrote:
It's interesting what you mention about the '£30 top' saga - something again called a giffen good; customers will pay more for a good as they acossiate it with quality. Which isn't necessarily true - the worst top I ever bought was an Elle top (I know, ew) which de-shaped and got funny marks on it after the first wash. I paid £14 for it about three years ago. It's interesting that a shop that, although I love, charges often ridiculous amounts for clothes - Topshop - was the target of ethical protests this year.
http://www.ekklesia.co.uk/node/6821
Hate to correct your economics, since I agree with the rest of it, but that is not a Giffen good, it is a 'snob' good. A Giffen good is a theoretical good where the demand increases with price, but it is not associated with perceived quality.
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AiLing wrote:
Champagne Angel wrote:
It's interesting what you mention about the '£30 top' saga - something again called a giffen good; customers will pay more for a good as they acossiate it with quality. Which isn't necessarily true - the worst top I ever bought was an Elle top (I know, ew) which de-shaped and got funny marks on it after the first wash. I paid £14 for it about three years ago. It's interesting that a shop that, although I love, charges often ridiculous amounts for clothes - Topshop - was the target of ethical protests this year.
http://www.ekklesia.co.uk/node/6821Hate to correct your economics, since I agree with the rest of it, but that is not a Giffen good, it is a 'snob' good. A Giffen good is a theoretical good where the demand increases with price, but it is not associated with perceived quality.
No, I'm actually kinda glad you did, because I've got my notes down as a different thing to what's on tutor2u and what you've just said - apparently designer clothes are in ostenatious consumption.
I've got my exam on Wednesday xD

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