But not why our clothes are so “cheap”. If you have never checked AliBaba, you just can’t understand what kind of price points we are talking about. Printed T-shirts for $0.39. Hot pots for $3.70. USB hubs with HDMI out for $2.90. The list goes on and on.
A $10 T-shirt, 25x more than wholesale, could go up to $10.80 and you would hardly notice, but that would mean the worker could be paid three times as much for making it. Instead, the worker gets paid nothing, the manufacturer gets paid peanuts, and whoever is reselling them to us takes in 90% of the profit.