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The New Industrial Revolution: Consumers, Globalization and the End of Mass Production Hardcover – 25 May 2012

3.2 out of 5 stars 6 customer reviews

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Product details

  • Hardcover: 320 pages
  • Publisher: Yale University Press (25 May 2012)
  • Language: English
  • ISBN-10: 0300117779
  • ISBN-13: 978-0300117776
  • Product Dimensions: 24 x 16.4 x 3.2 cm
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Bestsellers Rank: 602,062 in Books (See Top 100 in Books)

Product Description

Review

"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.


Customer Reviews

3.2 out of 5 stars
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Top Customer Reviews

Format: 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.
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Format: Hardcover
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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Format: Hardcover Verified Purchase
A little repetitive - could have done with more severe editing. Now, of course, it's past its prime as it's essentially a compilation of journalism from the 2000-2010 period. However, it's a galloping overview that takes advantage of Marsh's unique position in having a myriad of contacts all round the world that he could draw on. As such it's a great overview of the state of play in manufacturing with much speculation over the future. With 2016 hindsight, it under-plays the potential of re-shoring and especially, the emerging 'maker movement' and its potential for closing the gap between micro-business innovation and some scale of production. You can hardly blame him for that though. For anyone interested in manufacturing developments it's a must-read.
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