Peter Drucker is really an amazing man. I learn new things from his book everytime I read them. Last night, I read this book (for the 5th time), this paragraph got me thinking:

The decline of manufacturing as a producer of wealth and jobs changes the world’s economic, social, and political landscape. The economic miracles – Japan, South Korea, Taiwan, Hong Kong, Singapore – were based on exports to the world’s rich countries of manufacturered goods that were produced by developed-country technology and productivity but with emerging-country labour costs. This will no longer work.

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