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This is the inevitable result of globalization and prioritizing profits and efficiency among all else. Redundancy and reserve capacity are costly. When you cr
by StanislavPetrov 5y ago
This is the inevitable result of globalization and prioritizing profits and efficiency among all else. Redundancy and reserve capacity are costly. When you create a supply chain that is designed for maximum efficiency and minimum cost, by definition you are creating a supply chain that is fragile and incredibly interdependent. This is not a system that is built to withstand serious disruption, it is a system built to maximize profits. Whether it comes to masks, drugs, food or toilet paper, I hope these supply chain issues (and resulting shortages) will wake people up to the threats we face from our fragile trade system.