>Does it even need to be studied that heavily? What is India and China trying to do?
And how did they achieve it? By paying workers luxurious wages? The whole reason they're successful was that they industrialized and offered labor cheaper than the west, and the west outsourced labor to them. "Henry Ford, capitalist extraordinaire, famously paid his workers $5 a day, double the average automaker's wage at the time" has nothing to do with that's happening there.
Again, it’s how you see it. They brought jobs at mass scale there. We on the other hand, ship jobs out at mass scale, AND squeeze the people that are here. You can’t get away with both.
And how did they achieve it? By paying workers luxurious wages? The whole reason they're successful was that they industrialized and offered labor cheaper than the west, and the west outsourced labor to them. "Henry Ford, capitalist extraordinaire, famously paid his workers $5 a day, double the average automaker's wage at the time" has nothing to do with that's happening there.