Fordist

Fordism is an industrial engineering and manufacturing system that serves as the basis of modern social and labor-economic systems that support industrialized, standardized mass production and mass consumption. The concept is named after Henry Ford. It is used in social, economic, and management theory about production, working conditions, consumption, and related phenomena, especially regarding the 20th century.[1] It describes an ideology of advanced capitalism centered around the American socioeconomic systems in place in the post-war economic boom. https://en.wikipedia.org/wiki/Fordism

Post-Fordism describes a shift in production methods that emerged in the 1980s in response to the stagnation and profitability crisis of Fordist production, which had become rigid, bureaucratic, and less profitable.[1] Post-Fordism is defined by flexible production, the individualization of labor relations and fragmentation of markets into distinct segments. The concept of post-Fordism was originally invented by the economist Robin Murray in the British magazine Marxism Today in 1988. https://en.wikipedia.org/wiki/Post-Fordism


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