The New Industrial Revolution: Consumers, Globalization and the End of Mass Production Hardcover – 25 May 2012
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"Highly readable and engaging, liberally peppered with anecdotes that convey both Marsh's knowledge of the very human nature of industry The New Industrial Revolution will be a valuable read for anyone who wants to understand the role of manufacturing." Bryan Betts, "Engineering and Technology"--Engineering and Technology"Bryan Betts" (07/06/2012)"
"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"--Evan Davis"Financial Times" (08/04/2012)" --This text refers to the Paperback edition.
About the Author
Peter T. Marsh is a journalist who reports on developments in manufacturing-related industries for the Financial Times. He received the UK Business Journalist of the Year Award in the manufacturing category in 2002. He lives in London.
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Top Customer Reviews
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.
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.
Most Recent Customer Reviews
The author makes the case for a new industrial revolution, as the title would suggest, and it is plausible. Read morePublished on 7 May 2014 by Westyman
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... Read more