For industries, we need resources, cheap labor supply. Think about being poor, getting the required education, and focusing the next generation to get into white-collar jobs.
Poor needs to look beyond freebies, understand different challenges, and focus on continuous small improvements to attain the goal.
As long as there is a good imbalance it will help both the rich and the poor. Some generations will remain forever in the labor market. This boils down to the kind of jobs, innovation, and what value we generate for the world. Gone are the days of the industrial revolution. We are in the age of Industrial Intelligence, Robotics, Smart Devices.
This needs quality education, good fundamentals, broader focus, fine level of innovation to succeed. Unless we focus on a good level of education, experimental and creative next generation we will end up losing the next generation jobs.
Keep Thinking!!!
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