7min chapter

The Truth of the Matter cover image

How the World Ran Out of Everything: Inside the Global Supply Chain

The Truth of the Matter

CHAPTER

Challenges and Impact of Global Supply Chain Issues

Exploring engineered scarcity, monopoly power, and disruptions in the supply chain, this chapter delves into the scarcity of various goods, challenges in product development, and the resilience of computer chips during and after the pandemic. It also highlights how monopoly power in industries can lead to extreme shortages, high prices, and exploitation of workers.

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