In Part One of this juicy two-parter, we break down the foundations of capitalism to understand how it underpins the fashion industry. We have heard that capitalism can survive without fashion—but can fashion exist without capitalism? We explore how capitalism evolved from feudalism, its core features like private ownership and profit, and how it fuels consumption, inequality, and endless production. Drawing on thinkers like Max Weber and David Graeber, we trace capitalism’s ties to labor, credit, and colonialism—laying the groundwork for how this system is stitched into every transaction we make.
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