OPEC+ members have submitted plans to compensate for a total of 4.57 million bpd in overproduction. The compensation plans detail monthly offsets, primarily between May and October 2025. OPEC+ has ...

The sports card industry is currently grappling with a staggering reality: in the most recent season, manufacturers pumped over 429 million NBA cards into the market. This astronomical figure ...

Peter Turchin, End Times: Elites, Counter-Elites, and the Path of Political Disintegration, (New York City, Penguin Random House). 368 pp., $28.00. If a science of history was possible, could ...

Earlier this month, I had a front-row seat to the future of textile recovery on the Innovation Stage at the Textile Recovery Summit in San Diego. I served as one of the judges alongside leaders from ...

A new report claims five leading fashion companies need to do more to hit greenhouse gas emission targets and transform the sector into a sustainable business model. Credit: Shutterstock. The ...

The crisis highlights the fact that capitalism means producing ‘more’. Abstract economic logic does not distinguish between necessary goods for use, such as food, clothing, housing, etc., and luxury ...

Waste during production. In other words, there are massive losses during the production process. Imagine cutting out the fabric for your shirt or pants from a flat piece of fabric. Like any arts and ...

Waste that provides more services, effort or energy either before it is needed or in addition to what is needed. Examples of overproduction could be putting extra laborers on a project, assigning ...