Quote from: Sibling Zono (anon1mat0) on April 01, 2009, 01:26:46 AM
Another argument is the ability of the west to sustain its own markets, if the current trends of production displacement continue a 'wealth balancing*' is likely and such contraction would benefit the east and its level of influence.
All this assumes some sort of political stability that may not be warranted, and we could have revolutions and wars in the interim, making most predictions moot.
* jobs go to the cheapest possible provider, raising the unemployment in the rich countries and lowering it in the poor ones, distributing the wealth (or the poverty depending on how you look at it) in a more uniform way. Add higher productivity by the use of technology and the rate of change is even higher.
True, particularly the second point.
Those 3D printers might be a great leveller, if they can ever be made cheap enough for mass production and sale.