The Myth of the Fourth Industrial Revolution

This article argues that there is no such phenomenon as a Fourth Industrial Revolution. It derives a framework for the analysis of any industrial revolution from a careful historical account of the archetypal First Industrial Revolution. The suggested criteria for any socioeconomic transformation to...

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Bibliographic Details
Published in:Theoria (Pietermaritzburg) Vol. 68; no. 2 (167); pp. 1 - 38
Main Author: Moll, Ian
Format: Journal Article
Language:English
Published: New York Berghahn Books 01.06.2021
Berghahn Books, Inc
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ISSN:0040-5817, 1558-5816
Online Access:Get full text
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Summary:This article argues that there is no such phenomenon as a Fourth Industrial Revolution. It derives a framework for the analysis of any industrial revolution from a careful historical account of the archetypal First Industrial Revolution. The suggested criteria for any socioeconomic transformation to be considered an industrial revolution are that it must encompass a technological revolution; a transformation of the labour process; a fundamental change in workplace relations; new forms of community and social relationships; and global socio-economic transformations. These transformations indeed characterise the Second and Third Industrial Revolutions. The aggregate of technical innovations in the latter is carefully examined, because this is a crucial part of determining whether we can meaningfully claim that a Fourth Industrial Revolution is underway. The article demonstrates that we cannot.
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ISSN:0040-5817
1558-5816
DOI:10.3167/th.2021.6816701