Episode 34 - Line Goes Down (Ft. Dr. Richard Wolff)
The Deprogram
00:00
The Supply Chain Is Longer Than You Think
Every production line, every producer of a good and service is always aware that he or she or they have to purchase inputs. If you make ladders, well, you got a lumber, and you got to get nails, and you have to get tools. Those are called supplies. And those you get where? Well, if you're smart, you try to get them where the price is the lowest and the quality is the best. Maybe you look six miles around you. If you can't find what you need, 12 miles around, you keep going. Eventually you might do what american companies have done now, more and more in the last forty years, go far afield,
Transcript
Play full episode
