I'm reading the book The Divide at the moment. It makes the argument that it takes time and the right conditions to build up an industry - infrastructure needs to be built, education and a skilled labor pool with the necessary know-how as well. To begin with, a fledgling industry in a developing country cannot compete with those of already industrialized countries - these are already so effective that they can underc…
Basically what Friedrich List [1] wrote in 1841 [2], and being proven correct time and time again while we completely disregard it.
Now you can even go further and ask yourselves if what is happening in the West by moving all the factories and manufacturing to China and neighbouring countries isn't exactly like the Colonization of the Americas by the British.
It wasn't luck that made the USA Great. It was the best stock from Europe who come up with the American School [3], and we can now see the tragic consequences of abandoning it for "free" trade.
If a country imports manufactured goods and exports raw materials, it is a colony.
[1] https://en.wikipedia.org/wiki/Friedrich_List [2] https://archive.org/details/nationalsystemp00nichgoog [3] https://en.wikipedia.org/wiki/American_School_(economics)