In this must-watch episode of NextGen Industrialists: Rebuilding America’s Dynamism, host Belinda Ephraim engages in a deep dive with Peter S. Goodman, author of the eye-opening book, "How The World Ran Out of Everything: Inside the Global Supply Chain."

Peter unpacks the intricate and often surprising pathways of global manufacturing and transportation—revealing how service providers bring everyday products to our doorsteps. He exposes the ruthless business logic that has left communities worldwide vulnerable, particularly as the global supply chain crumbled during the COVID-19 pandemic.

Discover the hidden vulnerabilities that led to critical shortages—from infant formula and toilet paper to semiconductor chips crucial for cars and medical devices. Peter and Belinda explore how global dependence on a single nation, the exploitation of the working poor, and the fragility of our interconnected systems demand a rethink of how we build resilient, innovative supply chains for the future.

Key Topics Covered

• The global supply chain crisis and its impact on everyday life
• How COVID-19 exposed weaknesses in global logistics and manufacturing
• How just-in-time principles, dwell time, precision scheduled railroading, and the quest for short-term profits exacerbates the fragility of our supply chains
• Practical strategies for building resilient, inclusive supply chains starts with empowering a disenfranchised workforce
• The inevitable role of automation, AI, and deep tech in future-proofing supply chains
• Economic and ethical considerations in global manufacturing and labor

Sources Mentioned

World Trade Organization, China

Hagan Walker, Glo Pals

USDA Economic Research Service

Just-In-Time Supply Chain

Precision Scheduled Railroading

Norfolk Southern: East Palestine, Ohio Train Derailment

Barbara Ehrenreich, Nickel and Dimed

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Connect with Peter S. Goodman

Peter's NY Times Profile

Peter's Website

Peter's Book

Reshaping the Panama Canal

PODCAST WEBPAGE

https://www.youtube.com/playlist?list=PLU3ha-cLC4QqcD4OwBp6oC_ve1Ih-9UVy

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