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First published in 1909 and reissued in 1910, J. A. Hobson’s The Industrial System provides a complex analysis of distribution and consumption. Offering a critique of contemporary capitalism whilst accepting the superiority of the free market, the book includes an exploration of areas such as cost and surplus, supply and demand and the labour movement. This is an important work by one of the most important economic thinkers of the twentieth century, which will be of particular interest to modern economic historians.
Overview of Industrial Process Automation, Second Edition, introduces the basics of philosophy, technology, terminology, and practices of modern automation systems through the presentation of updated examples, illustrations, case studies, and images. This updated edition adds new developments in the automation domain, and its reorganization of chapters and appendixes provides better continuity and seamless knowledge transfer. Manufacturing and chemical engineers involved in factory and process automation, and students studying industrial automation will find this book to be a great, comprehensive resource for further explanation and study. - Presents a ready made reference that introduces all aspects of automation technology in a single place with day-to-day examples - Provides a basic platform for the understanding of industry literature on automation products, systems, and solutions - Contains a guided tour of the subject without the requirement of any previous knowledge on automation - Includes new topics, such as factory and process automation, IT/OT Integration, ISA 95, Industry 4.0, IoT, etc., along with safety systems in process plants and machines
This eleventh edition was developed during the encyclopaedia's transition from a British to an American publication. Some of its articles were written by the best-known scholars of the time and it is considered to be a landmark encyclopaedia for scholarship and literary style.
Industrial Process Automation Systems: Design and Implementation is a clear guide to the practicalities of modern industrial automation systems. Bridging the gap between theory and technician-level coverage, it offers a pragmatic approach to the subject based on industrial experience, taking in the latest technologies and professional practices.Its comprehensive coverage of concepts and applications provides engineers with the knowledge they need before referring to vendor documentation, while clear guidelines for implementing process control options and worked examples of deployments translate theory into practice with ease.This book is an ideal introduction to the subject for junior level professionals as well as being an essential reference for more experienced practitioners. - Provides knowledge of the different systems available and their applications, enabling engineers to design automation solutions to solve real industry problems - Includes case studies and practical information on key items that need to be considered when procuring automation systems - Written by an experienced practitioner from a leading technology company
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.
Process Industry Economics: Principles, Concepts and Applications, Second Edition, explores the fundamentals of market evaluation, capital and operating cost estimation, and profitability evaluation, along with their implications for process technology evaluation, project development and investment decisions. Sections cover time dependent technology evolution in process plants, including scale development, performance improvement in new and operating plants, and learning related to environmental, safety and sustainability assessments. Influences on capital investment decisions, including capacity planning and environmental considerations are explored and supported by case studies. Finally, the aspects of overall industry performance and drivers are discussed. - Outlines the basic principles of economic evaluation - Identifies the roles of engineering, scientific, commercial and management personnel in contributing to economic evaluation - Explores the interaction of economics with safety, environmental and sustainability criteria in project evaluation
This book, first published in 1936, analyses the then-recent phenomenon of industrial combination. Concentration was new. Industrial combination was new. The interlocking of finances was new. The role of banks in regard to industry was new. The domination of financial capital over large sectors of industry was new. The author examines the new industrial system as it was, on the cusp of new world-economic conditions, resulting from and manifesting themselves in a revolution in transport, the creation of concentrated mass supply and mass demand, changes in the distribution of raw material supplies and the adaption of the technical and economic structure of the industrial unit to these new conditions.