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Fresh Air

Inside The Breakdown Of The Global Supply Chain

Fresh Air

NPR

Tv & Film, Arts, Society & Culture, Books

4.434.4K Ratings

🗓️ 24 June 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

New York Times correspondent Peter Goodman illuminates the breakdown of the global supply chain during the pandemic. He says it was rooted in risky management practices, government deregulation, and a quest for greater profits. His new book is How the World Ran Out of Everything.

TV critic David Bianculli reviews the sequel to the science fiction series Orphan Black, titled Orphan Black: Echoes.

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Transcript

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0:00.0

Support for this podcast and the following message come from Dignity Memorial.

0:04.6

When your celebration of life is prepaid today, your family is protected tomorrow.

0:09.6

Planning ahead is truly one of the best gifts you can give your family. For additional

0:14.2

information visit dignity memorial.com. This is fresh air. I'm Dave Davies.

0:20.3

Do you remember how in the early months of the pandemic you couldn't find toilet paper or cleaning products on store shelves? And then soon enough all kinds of other products were hard to get, from building materials to exercise equipment to new cars because automakers couldn't get

0:36.2

computer chips. Our guest today New York Times correspondent Peter Goodman has

0:40.9

spent a lot of time rummaging through the wreckage of those

0:43.9

disruptions in the supply chain, discovering things less well known, like the one

0:49.0

billion pounds of harvested almonds that California growers couldn't get to foreign buyers

0:54.6

because hard-pressed shippers were busy with more profitable traffic.

0:59.0

In his new book, Goodman explores the business decisions that left the economy vulnerable to a disruption like this, and

1:05.4

the erosion of government regulation over critical transport industries that left their capacity

1:10.4

to move freight, weak, and brittle.

1:13.5

All those issues, he says, were exacerbated by the corporate drive to maximize short-term

1:18.0

profits.

1:19.4

The ultimate threat to the supply chain he writes is unregulated greed.

1:24.4

Peter Goodman is the Global Economics Correspondent for the New York Times.

1:28.4

His new book is How the World Ran Out of Everything

1:31.4

inside the global supply chain.

1:34.0

Well, Peter Goodman, welcome to Fresh Air.

1:36.0

Thanks so much for having me.

1:37.8

In April 2020, when all this, the pandemic really hit us, your wife was about to give birth to your third child and she'd

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