As the UK has discovered, there is no postindustrial promised land

`` Espoused by London-­based elites in the 1970s and powerfully championed by Margaret Thatcher in the 1980s, postindustrialism postulates that sophisticated states no longer need manufacturing. Instead they should promptly move to a new promised land of postindustrial services... [Considering the Scottish shipbuilding example,] a generation later, the facts are in: shipbuilding remains predominantly a developed world activity and the world's leading shipbuilders are based in places such as South Korea, Japan, and Scandinavia -- states where, for the most part, blue­-collar wages are at least as high as in the UK.''