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The New Industrial Revolution

The New Industrial Revolution [Kindle Edition]

Peter Marsh
3.0 out of 5 stars  See all reviews (5 customer reviews)

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Product Description


"'A fizzing analysis of the history and geography of manufacturing and where it is heading.' (The Economist) 'What is so useful about Marsh's contribution in The New Industrial Revolution is that he has made an objective assessment of the evidence. And there are few people in Britain who are better equipped to do so.' (Evan Davis, Financial Times) 'The New Industrial Revolution provides an easy-to-read history of industrialisation since Adam Smith's time and pinpoints the contribution of particular people or groups... The book is a light and useful trawl through the five industrial revolutions.' (Guy Arnold, North South)"

Product Description

The rapid emergence of China and India as prime locations for low-cost manufacturing has led some analysts to conclude that manufacturers in the "old economies"—the U.S., U.K., Germany, and Japan—are being edged out of a profitable future. But if countries that historically have been at the forefront of events in manufacturing can adapt adroitly, opportunities are by no means over, says the author of this timely book. Peter Marsh explores 250 years in the history of manufacturing, then examines the characteristics of the industrial revolution that is taking place right now.

The driving forces that influence what types of goods are made and who makes them are little understood, Marsh observes. He discusses the key changes in what is happening in manufacturing today, including advances in technology, a greater focus on tailor-made goods aimed at specific individuals and industry users, participation of many more countries in world manufacturing, and the growing importance of sustainable forms of production. With broad historical sweep and dozens of engaging examples, Marsh explains these changes and their import both for consumers making purchase choices and for manufacturers assessing how to participate successfully in the new industrial era.

Product details

  • Format: Kindle Edition
  • File Size: 972 KB
  • Print Length: 321 pages
  • Page Numbers Source ISBN: 0300117779
  • Publisher: Yale University Press (17 July 2012)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B008YEUF54
  • Text-to-Speech: Enabled
  • X-Ray:
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Bestsellers Rank: #248,045 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

3.0 out of 5 stars
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Most Helpful Customer Reviews
5 of 5 people found the following review helpful
4.0 out of 5 stars Enlightening, but left questions 25 Sep 2012
Bought the book on a review by Evan Davies in the FT. It is a comprehensive review of innovative and successful strategies adopted by companies all over the world. The author has spent years travelling and collecting the information, which adds up to quite a compelling view of the new future of manufacturing.
However, once the first excitement had worn off, I found I got a bit tired of so many descriptions of companies and their activities. There is a fair amount of discussion but I would have preferred a higher ratio of discussion to examples.
Also, the author's proposition could be summed up, crudely, as "lots of new technology, keep innovating or perish, and get the stuff made anywhere in the world where there are cheap, affordable skills". It wasn't in the book's remit, but I would have valued his consideration of how people are to be employed if much or most fabrication is automated, and jobs are simply moved around to suit commercial advantage.
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3 of 3 people found the following review helpful
4.0 out of 5 stars Topical and thought-provoking 5 Dec 2012
By Graham
Don't be put off by the cover. This is a topical and engaging book. I'm a casual reader rather than an business expert. For me the book provided a great entry point to an area that I had never given much thought to - how the things around me get made - and also a background to the current economic policy debates that I read about in the papers.

The book explores what factories of the future might look like - what they might be producing, how manufacturers and their supply chains might be organised globally, the convergence of developed and developing nations, and the opportunities for more sustainable manufacturing.

The UK government is trying to re-balance the UK economy away from an over-dependence on financial services and this book provides insights into what a successful, growing and sustainable UK manufacturing sector might look like in 10 or 20 years time.

An example of an area that I hadn't really considered relates to trade (im)balances which you read about all the time in the popular press. The book looks at how these are estimated and, more importantly, what this actually means in a globally inter-connected world. The reality is, of course, far more complex than the headlines.

There is also a really interesting chapter looking at new technologies that are potentially on the verge of entering mainstream production and the far-reaching consequences that these could have. Abundant Titanium due to improved processing technology, plastic-based computer chips, the applications of nano-technology, and so forth.
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3.0 out of 5 stars Interesting, but….. 7 May 2014
Format:Paperback|Verified Purchase
The author makes the case for a new industrial revolution, as the title would suggest, and it is plausible. The book is very readable however, I got the impression that the author had a huge pile of facts regarding different businesses around the world and created a book around them without leaving any of them out. Here's a fact…and here's another fact…oh, and then there's this fact…..
I just found it a little tedious after a while.
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3 of 5 people found the following review helpful
Review by the Cote d’Azur Men’s Book Group

Today we live in an electronic age that is revolutionary and exciting, and the future for global manufacturing has both enormous opportunities from new technologies, and, for Western nations, huge challenges from existing and newly industrialising countries such as China and India.
Financial Times journalist Peter Marsh covers a lot of ground with this book, starting with a good historical overview of the evolution of developments that have had a critical impact on the economy. There have been three key overlapping eras since the Industrial Revolution. The 'transport revolution', ca.1840-1890, included steam-driven railway locomotives and the iron- or steel-hulled ship. The 'science revolution', ca. 1860 - 1930, gave us the steam turbine, electric motor, and internal combustion engine, while a range of new industries arose based on new chemicals and materials. Later, the huge reduction in production costs of silicon-based electronic circuitry sparked the 'computer revolution' from ca. 1950 until 2000, continuing to drive down product and manufacturing costs, stimulating massive innovation in products, processes and user markets.
In his final chapter we are given an interesting table tracing 'general purpose technologies', from the domestication of plants around 9000 BCE, to present day nanotechnology, with the technologies indicated as being product-related, process-related or organisational in nature.
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1 of 8 people found the following review helpful
1.0 out of 5 stars Financial times promoting their writers 4 Oct 2012
Format:Hardcover|Verified Purchase
this is a very ordinary review of some stories about technology and businesses. Nothing to do with industrial revolution. Bad choice.
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