Veeky Forums, what can do 1st world countries do to ensure their economic leverage?
The US, Japan and Europe today are post industrial countries. You don't see people working in factories there anymore. Everyone is outsourcing jobs, and this is leading to the growth of third world countries, such as China or India.
This is bad, isn't it? It happens mainly because its more profitable to outsoruce jobs. The product comes much cheaper because of weaker labor laws. You can't just weaken labor laws in, say, Japan. That's not good for a first world country. And not only that, there's also the mechanization of the economy - the robots.
In the end, in the first world country - that is the origin of a company that made the country industrialize - now is left with no real production. Everyone is now in offices, sitting in front of computers, not producing ANYTHING really. There is no more real growth. The production is in fact in the power of the corporation, not in the hands of the people of the country. The production is being made by the Vietnamese and the South Africans, rather than the French or Germans. The French and Germans are left without money. Maybe Citroen and Fanta have money, but not the citizens.
This causes unemployment, stagnation, higher taxes, weaker consumer market, deficit, debt, and so on. And one thing will also further increase the other problem.
So what can the first world to about this all? I am thinking that we need a new industrial revolution. Not a digital one, but a revolution that makes people be employed in their own country. A new kind of economic revolution that makes the first world retain their economic leverages over the third. That pehaps combines domestic growth with corporate growth. That does not outsource jobs.
What can the first world do? Nuke the third worlders to death?
Enlighten me, Veeky Forums.