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Peter S. Goodman
How the World Ran Out of Everything
Inside the Global Supply Chain
Mariner Books, 2024
Aperçu
The COVID-19 pandemic resulted in a scarcity of critical goods – revealing the fragility of global supply chains.
Recommendation
Amid the COVID-19 pandemic, massive container ships congested commercial ports worldwide because they could not unload. As New York Times global economics correspondent Peter S. Goodman reports, the ships were a key part of a crucial supply chain – one that the United States depended on for transporting products from China to the West. The pandemic caused that long-standing system to break down, threatening the workings of globalization. But Goodman explains that this collapse wasn’t solely a pandemic phenomenon. Instead, COVID revealed that the supply chain system had become fragile and unreliable due to exploited workers and corporate monopolies.
Summary
About the Author
Peter S. Goodman, the global economics correspondent for The New York Times, also wrote Davos Man: How the Billionaires Devoured the World and Past Due: The End of Easy Money and the Renewal of the American Economy.
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