World Factory: 'Thatcherite propaganda' at the Young Vic
Matthew Partridge explores the murky world of business ethics at World Factory, currently running at London's Young Vic theatre.
World Factory (designed by Zo Svendsen and Simon Daw, and written by Kate O'Connor and David Isaacs), which is currently running at the Young Vic theatre in London, takes this idea to the stage to explore business ethics.
On arrival, the audience breaks into small groups, and after some introductory monologues, each group is charged with running a Chinese textile factory and given money and a folder with a list of workers. For the next 90 minutes, you are given a series of multiple-choice cards, with choices affecting both the bottom line and the number of staff. At certain points, the game stops for events such as the annual spring holiday.
Unlike your average dry business simulation, World Factory is slick, immersive and fast-paced. With the help of barcode technology, the four performers (Naomi Christie, Lucy Ellinson, Heather Lai and Jamie Martin) move between teams, dispensing cards and taking cash. Screens show containers being loaded and unloaded, and ticking-clock effects up the tension. In keeping with the fashion theme, each participant receives a receipt with their choices listed on it at the end.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
So how realistic was it? My own group's experience suggests it is possible to achieve a balanced outcome. Our stance over 22 decisions earned us a comfortable profit, above-average worker satisfaction and the best output of all the factories.It's far from the only path another team killed someone, suggesting that much darker outcomes are possible but our result mirrors World Factory's essential pragmatism.
Globalisation has boosted living standards in emerging markets but some workers in developed countries may lose out. Freer trade has helped UK consumers by slashing the cost of clothes just don't expect them to last.
Other reviews have generally been positive. The conflict between profit and ethics made for "a richly absorbing experience", reckoned Henry Hitchings in the Evening Standard, while The Guardian's Lyn Gardner called it "sociable, exhaustingly good fun" that "clearly connects actions to consequences". Even The Spectator's Lloyd Evans was pleasantly surprised having expected to see "labourers bullied, serfs cudgelled" and "chimney sweeps starved", he was shocked to find "Thatcherite propaganda at the Young Vic".
World Factory runs at the Young Vic every evening at 7.45pm until 6 June.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

-
Millions at risk of 'unnecessary' tax bill – how to shield your savingsMillions of Brits could be taxed on their savings interest this year as their savings interest exceeds the personal savings allowance. Are you at risk?
-
Savers will have to wait as long as 48 years to build a £1m cash ISA pot if allowance is cutChancellor Rachel Reeves is rumoured to be planning a cut to the cash ISA allowance in the Autumn Budget, making it harder for savers to build wealth. Will you still be able to build a £1 million cash ISA pot?