3 of 3 people found the following review helpful
Topical and thought-provoking,
This review is from: The New Industrial Revolution: Consumers, Globalization and the End of Mass Production (Hardcover)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.