Oxford University Press's
Academic Insights for the Thinking World

  • Author: Benjamin L. McKean

Disorienting Neoliberalism

What COVID-19 tells us about global supply chains

President Trump is not the only one bewildered by global supply chains today. Over the past 40 years, it has become normal for the production of many goods to be disaggregated and outsourced around the world. Transnational supply chains now represent 80% of global trade; they’re inextricable from our daily lives. Most people aren’t exactly surprised when their t-shirt comes from the other side of the globe or when their phone contains components from 43 countries, even if we can’t ever quite shake the feeling that there’s something uncanny about the contrast between these extraordinary distances and the ordinary purposes these goods serve.

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