Making sure that your answers are concise yet complete Essay

Making sure that your answers are concise yet complete - Essay Example According to Daniel Bell, the postindustrial period heavily relies on the intellectual class that has the inclination in scientific, managerial, and administrative faculties to sustain the stable operation of the economy. He argued that knowledge was drastically included as a commodity (Bell as cited in Kivisto, 1999: p. 40-41). To augment Bell’s premise, C. Wright Mills formulated the class structure of advanced industrial societies which hosted the new middle-class or the white-collar professional; this latest social class does not execute manual labor unlike the blue-collar workers, instead they employ mental labor to a large extent (Mills as cited in Kivisto, 1999: p. 37-38). The outcome of this reallocation of consumer demands is the exclusion of the importance of high-paid manufacturing jobs such as Ford Company’s auto workers and others that rely on mechanized services. This recent economic trend elevated the significance of the service sector vis-Ã  -vis indust rial economies (Smart 28-29). Another concept, which is closely related to post-industrialization, is also discerned by some economists as the underlying factor behind the reductions of employment in manufacturing. Some analysts assume that deindustrialization is the end product of globalized capitalism and the increasing trade between the global North and South (Rowthorn para 5). The invention of the microchip increased the deep-seated automation of the global economy. As chips were produced on a dramatic scale which therefore boosts output, the importance of human labor decreased (Chomsky, 2008: para 13). Furthermore, free trade between the North (advanced societies) and the South (developing nations) displaced the workers of the North due to the rapid growth of painstaking labor in the manufacturing industries of the South (Rowthorn para 1). Playing between the boundaries of post-industrialism and