This book is to be welcomed as a brave contribution to the study of a complex subject exciting recasting of the process of industrial transformation ... Valenze has produced a wide-ranging exploration of the nature of industrial transformation ... Valenze's impressive clarity of exposition does not disguise the complexity of the issues uncovered and inspected in this challenging book. It is to be hoped that business historians and others inquisitive about the industrial past will give serious consideration to the ideas presented here. Katrina Honeyman, University of Leeds, Business History, July 1996