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> Commerce and industry embraced JIT sourcing and long supply chains while either being ignorant of, or worse, willfully ignoring the fact it falls apart if eve
by Analemma_ 6y ago
> Commerce and industry embraced JIT sourcing and long supply chains while either being ignorant of, or worse, willfully ignoring the fact it falls apart if every link in the chain before you doesn't execute reliably.
No, they embraced JIT sourcing because if they didn't, they would've been outcompeted by the companies which did.
It's comforting to believe that this situation is a result of human ignorance that could've been fixed by installing smarter humans, but actually everyone in this process was following the rational incentives erected by capitalism. If you want to change the behavior, you have to change the incentives.