Prashad provides an in-depth report on the collapse of the garment factory in Bangladesh and its significance. It is a graphic, tragic example of neoliberalism's exploitation of working people that is a major building block in the edifice of the capitalist new world order in the 21st century.
Economic enterprises built from the sweat and toil of workers and slaves in the West, but "owned" by a small elite, have found their way to areas of the world where even cheaper labor can toil under worse conditions for enterprises under contract by corporations, thereby shielding the latter of responsibility. Meanwhile, the sons and daughters of earlier generations of Western workers are left to work in low paying service jobs and going into debt to maintain some semblance of a respectable lifestyle according to the defining standards of Western media.
In the Atlantic world, meanwhile, self-absorption over the wars on terror and on the downturn in the economy prevent any genuine introspection over the mode of life that relies upon debt-fueled consumerism at the expense of workers in Dhaka. Those who died in the Rana building are victims not only of the malfeasance of the sub-contractors, but also of twenty-first century globalisation.