Transcripts for CNN Your Money 20130518 18:21:00 : vimarsana

CNN Your Money May 18, 2013 18:21:00

with the reality of these supply chains and the reality of bangladesh which as you point out lowest apparel wages in the world, horrendous conditions, infrastructure conditions, that when they see it, i think they are shocked and i think they really do care, but what you just point out is this is a system that has been set up for the outsourcing of production and quite frankly the outsourcing of responsibility. this is not an accident that walmart doesn't know whether these factories are producing their goods. this is part of a system of pushing down prices, speeding up delivery times, so that the industry can drive what they call fast fashion. that is stylish products changing very quickly at reasonable quality but at low prices in the stores. so this really is an industry problem driven by the brands and the retailers and really a situation where the u.s. brands and retailers are shirking their responsibility. >> are they or let me ask, i have been very closely watching and no one is going on camera for me.

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