Peter Goodman argues that the global supply chain, previously taken for granted, is fraught with vulnerabilities thanks to decades of corporate negligence and regulatory failures.
In discussing the unexpected consequences of Covid-19, Goodman notes, 'It was the moment where it was just inescapable, that we are dependent upon these jury rigged supply chains with inadequate supervision...'
Goodman highlights a direct correlation between corporate greed, overseas manufacturing, and a culture of consumption for cheap goods, which led to the supply chain's breakdown in 2021.
Goodman's book, 'How the World Ran Out of Everything,' explores critical insights into the supply chain's systemic issues and suggests potential pathways for reform.
#global-supply-chain #pandemic-impact #economic-analysis #corporate-greed #supply-chain-vulnerabilities
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