It's a dynamic world economy. Commodity items- and that can mean tube socks or PC assemblies- are made in countries that are labor-rich and capital and knowledge poor. And because it's a dynamic world, and not a static one, these people making these things get richer, and start to demand more luxury goods.
It wasn't that long ago that Japan was accused of paying "Coolie wages" to undercut the US. Then Japan starting building products in Korea.. and Korean got wealthy, too, and started outsourcing to Vietnam. Even India has finally caught on, opened its economy and is starting to get richer.
Trade makes everyone richer. If you don't believe that, it's awfully hard to explain the last 5,000 years ;-)
It wasn't that long ago that Japan was accused of paying "Coolie wages" to undercut the US. Then Japan starting building products in Korea.. and Korean got wealthy, too, and started outsourcing to Vietnam. Even India has finally caught on, opened its economy and is starting to get richer.
Trade makes everyone richer. If you don't believe that, it's awfully hard to explain the last 5,000 years ;-)