The economics of manufacturing

Manufacturing thrives on cheap labor. For whatever reason people of a certain region works very hard for little. Britain was doing great in manufacturing and Charles Dickens has done a great job of describing that era in his books. America was leading in manufacturing during an era when many immigrants came to these shores willing to work hard for a living. Times changed and so did labor laws and soon enough manufacturing is profitable no more. China is now able to lead the manufacturing industry and this translates as that there are either many poor people or exploited people in China. Its manufacturing that makes a country rich and powerful but unfortunately the poor people never taste the fruits of their labor. The vicious cycle of the manufacturing industry never changes no matter which land it thrives at a certain point of time.