There's a limited supply of people in the world - about 6bn at the moment. Roughly 1bn currently live in western-style economies at the moment. Once China and

There's a limited supply of people in the world - about 6bn at the moment. Roughly 1bn currently live in western-style economies at the moment. Once China and India are finished industrializing (in 30 years or so?) that'll be 3bn people in advanced economies. Increasing the living standards of the remaining 3bn wouldn't impose as much of a dislocation as the current China/India affair, because it'll represent only a 100% increase in the labor pool not a 200% increase. There'll be issues about scarce resources, and some currently abundant resources will become scarce, but the cost of unskilled and semi-skilled labor won't ever be this low again.