The problem is that by the time you have gotten to 3rd stage economy based largely on services rather that production, you have priced yourself out of the primary and secondary markets.
The only way you can compete then is to drop your salary which no-one wants to do because of the hit on standard of living.
I don't know the answers but going back stages is not as easy as you might think unless people are prepared to forego their previous lifestyles. This only happens when the economic downturns bite hard enough on enough people to force large sections of the economy to shift direction.
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