> there's no point in having all kinds of low-added-value industry in high-income places The point is economic and social stability. If you don't value that ov

> there's no point in having all kinds of low-added-value industry in high-income places The point is economic and social stability. If you don't value that over short-term economic efficiency (i.e. profits), of course, I can understand why you would be resistant to this line of thought. Also, this betrays your belief that "high income places" have significant-added-value compared to low income places! I don't believe this is true, especially over the long term. This is an illusion formed from wealth-extraction.