Peter Murray

 

cf4b2f697fef642c773de38f5be6cf06The New Industrial Revolution: Consumers, Globalization and the End of Mass Production

by Peter Marsh. Yale University Press, 2012. £25

Review by David Michon

There’s something happening in the world of business, says Peter Marsh. But, isn’t there always? Not quite like this, he says. We are in the midst of an industrial revolution – the world’s fifth, which began roughly in 2005. Set to unfold over the next two and half decades, this shift can be attributed, according to Marsh, to several factors, including: an increasingly connected and expansive global manufacturing circuit; smaller, niche production, with more customisation; environmental responsiveness; and the opening up of China.

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