Quote:
Originally Posted by ksa8907
If the reference is to China and their manufacturing power, it's not necessarily cheap labor that gives them the advantage. China as a whole has invested heavily in automation, allowing economies of scale and to undercut everyone else in their respective market.
So... you're right, generally; people don't scale.
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My reference is the whole thing. Available minerals, cheap labor, relaxed environmental regulation, automation, and probably dozens of other things I'm not aware of.