Nice article by Keila Tyner on Quartz about the economics of fast fashion and the effect of American taste of fast fashion carries a price globally in terms of sustainability, global wages and raw materials costs.
As we think about what we wear, where we buy it from and how much we pay for them, the economic impact is widespread in both positive and negative ways. How much would retail business ecosystem shrink without fast fashion? What about the employment impact in those low cost countries? On the other side, what aobut the negative environmental impact of raw materials used and disposed for fast fashion and the cost to consumers in the long run of cheap disposable clothing?
Not an easy question to answer.