
How the World Ran Out of Everything
Inside the Global Supply Chain
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Narrated by:
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Michael David Axtell
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By:
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Peter S. Goodman
About this listen
By the New York Times’s Global Economics Correspondent, an extraordinary journey to understand the worldwide supply chain—exposing both the fascinating pathways of manufacturing and transportation that bring products to your doorstep, and the ruthless business logic that has left local communities at the mercy of a complex and fragile network for their basic necessities.
"A tale that will change how you look at the world."—Mark Leibovich
One of Foreign Policy's "Most Anticipated Books of 2024"
How does the wealthiest country on earth run out of protective gear in the middle of a public health catastrophe? How do its parents find themselves unable to locate crucially needed infant formula? How do its largest companies spend billions of dollars making cars that no one can drive for a lack of chips?
The last few years have radically highlighted the intricacy and fragility of the global supply chain. Enormous ships were stuck at sea, warehouses overflowed, and delivery trucks stalled. The result was a scarcity of everything from breakfast cereal to medical devices, from frivolous goods to lifesaving necessities. And while the scale of the pandemic shock was unprecedented, it underscored the troubling reality that the system was fundamentally at risk of descending into chaos all along. And it still is. Sabotaged by financial interests, loss of transparency in markets, and worsening working conditions for the people tasked with keeping the gears turning, our global supply chain has become perpetually on the brink of collapse.
In How the World Ran Out of Everything, award-winning journalist Peter S. Goodman reveals the fascinating innerworkings of our supply chain and the factors that have led to its constant, dangerous vulnerability. His reporting takes listeners deep into the elaborate system, showcasing the triumphs and struggles of the human players who operate it—from factories in Asia and an almond grower in Northern California, to a group of striking railroad workers in Texas, to a truck driver who Goodman accompanies across hundreds of miles of the Great Plains. Through their stories, Goodman weaves a powerful argument for reforming a supply chain to become truly reliable and resilient, demanding a radical redrawing of the bargain between labor and shareholders, and deeper attention paid to how we get the things we need.
From one of the most respected economic journalists working today, How the World Ran Out of Everything is a fiercely smart, deeply informative look at how our supply chain operates, and why its reform is crucial—not only to avoid dysfunction in our day to day lives, but to protect the fate of our global fortunes.
©2024 Peter S. Goodman (P)2024 HarperCollins PublishersListeners also enjoyed...
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Story
China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s, China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.
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An interesting insight
- By Cole Peters on 11-28-18
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Trade Wars Are Class Wars
- How Rising Inequality Distorts the Global Economy and Threatens International Peace
- By: Matthew C. Klein, Michael Pettis
- Narrated by: Bob Souer
- Length: 8 hrs and 32 mins
- Unabridged
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Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. Klein and Pettis trace the origins of today's trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past 30 years.
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Narrator is robotic
- By dugmartssch on 05-22-20
By: Matthew C. Klein, and others
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The Great Railroad Revolution
- The History of Trains in America
- By: Christian Wolmar
- Narrated by: Mike Chamberlain
- Length: 17 hrs and 4 mins
- Unabridged
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America was made by the railroads. The opening of the Baltimore & Ohio line—the first American railroad—in the 1830s sparked a national revolution in the way that people lived thanks to the speed and convenience of train travel. Built through heroic effort, the American railroad network was bigger in every sense than Europe's, and facilitated everything from long-distance travel to commuting and transporting goods to waging war. It united far-flung parts of the country, boosted economic development, and was the catalyst for America's rise to world-power status.
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Excellent Overview
- By Amazon Customer on 04-06-25
By: Christian Wolmar
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The New Map
- Energy, Climate, and the Clash of Nations
- By: Daniel Yergin
- Narrated by: Robert Petkoff, Daniel Yergin
- Length: 17 hrs and 7 mins
- Unabridged
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The world is being shaken by the collision of energy, climate change, and the clashing power of nations in a time of global crisis. Out of this tumult is emerging a new map of energy and geopolitics. The "shale revolution" in oil and gas has transformed the American economy, ending the "era of shortage" but introducing a turbulent new era. Almost overnight, the United States has become the world's number one energy powerhouse. Yet concern about energy's role in climate change is challenging the global economy and way of life.
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Not his best: Overly broad, kind of sloppy
- By Jonathan Kelman on 02-23-21
By: Daniel Yergin
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The Prize
- The Epic Quest for Oil, Money & Power
- By: Daniel Yergin
- Narrated by: Michael David Axtell
- Length: 46 hrs and 11 mins
- Unabridged
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Now with an epilogue that speaks directly to the current energy crisis, The Prize recounts the panoramic history of the world’s most important resource—oil. Daniel Yergin’s timeless book chronicles the struggle for wealth and power that has surrounded oil for decades and that continues to fuel global rivalries, shake the world economy, and transform the destiny of men and nations. This updated edition categorically proves the unwavering significance of oil throughout the twentieth century and into the twenty-first by tracing economic and political clashes over precious “black gold.”
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Must read for energy professionals
- By Scott Kimmey on 05-26-25
By: Daniel Yergin
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Frostbite
- How Refrigeration Changed Our Food, Our Planet, and Ourselves
- By: Nicola Twilley
- Narrated by: Nicola Twilley
- Length: 12 hrs and 18 mins
- Unabridged
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In the developed world, we’ve reaped the benefits of refrigeration for more than a century, but the costs are catching up with us. We’ve eroded our connection to our food and redefined what “fresh” means. More important, refrigeration is one of the leading contributors to climate change. As the developing world races to build a US-style cold chain, Twilley asks: Can we reduce our dependence on refrigeration? Should we?
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Great Intro to the True Value of the 'Cold Chain'
- By Amazon Customer on 08-08-24
By: Nicola Twilley
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Tyranny of the Minority
- Why American Democracy Reached the Breaking Point
- By: Steven Levitsky, Daniel Ziblatt
- Narrated by: Fred Sanders
- Length: 8 hrs and 49 mins
- Unabridged
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America is undergoing a massive experiment: It is moving, in fits and starts, toward a multiracial democracy, something few societies have ever done. But the prospect of change has sparked an authoritarian backlash that threatens the very foundations of our political system. Why is democracy under assault here, and not in other wealthy, diversifying nations? And what can we do to save it?
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Tyranny of the Minority
- By orders on 10-07-23
By: Steven Levitsky, and others
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The End of the World Is Just the Beginning
- Mapping the Collapse of Globalization
- By: Peter Zeihan
- Narrated by: Peter Zeihan
- Length: 16 hrs and 44 mins
- Unabridged
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For generations, everything has been getting faster, better, and cheaper. Finally, we reached the point that almost anything you could ever want could be sent to your home within days - even hours - of when you decided you wanted it. America made that happen, but now America has lost interest in keeping it going.
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Everyone dies except Americans
- By preetam on 06-22-22
By: Peter Zeihan
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The World for Sale
- Money, Power and the Traders Who Barter the Earth’s Resources
- By: Javier Blas, Jack Farchy
- Narrated by: John Sackville
- Length: 12 hrs and 4 mins
- Unabridged
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In The World for Sale, two leading journalists lift the lid on one of the least scrutinised corners of the economy: the workings of the billionaire commodity traders who buy, hoard and sell the earth's resources. It is the story of how a handful of swashbuckling businessmen became indispensable cogs in global markets: enabling an enormous expansion in international trade and connecting resource-rich countries - no matter how corrupt or war-torn - with the world's financial centres.
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Explains a lot!
- By jaga on 03-24-21
By: Javier Blas, and others
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Chip War
- The Quest to Dominate the World's Most Critical Technology
- By: Chris Miller
- Narrated by: Stephen Graybill
- Length: 12 hrs and 38 mins
- Unabridged
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You may be surprised to learn that microchips are the new oil—the scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everything—from missiles to microwaves—runs on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America’s edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing.
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Great history, but could poor narration
- By Lily Wong on 10-26-22
By: Chris Miller
Eye opening !!!!!
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Interesting, despite the socialist overtones
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Great insight into the relationship intertwining global logistics, corporate interests, and political interests
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Well Researched .
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Will read again
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An excellent and insightful book
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of information down to a human level. A must read.
wish the author narrated the book
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Listen to this book!
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A book everyone should listen too!
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Excellent!
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