Class Notes (808,754)
Canada (493,378)
York University (33,539)
POLS 3560 (15)
all (15)


2 Pages
Unlock Document

York University
Political Science
POLS 3560

The Global South: Politics, Policy & Development POLS 3560 – Fall/Winter 2011/2012 – Ananya Mukherjee-Reed Lecture 13 – Globalization: Lean Production – Jan 31 Three Industries - Textile - Food - Cars Similarities - Lean production. - Relocation. - Commodity chains (or value chains). - Growth of corporate power and profitability. - Loss of social power. Comparison - 1955 o Global monopoly of 3 carmakers, GM, Ford and Chrysler. o 4 of 5 cars were made in the US, with about half by GM. o In 1955, Toyota made 23,000 cars and GM, 4 million. - Present o US car makers only 43% of the US market. o Layoffs. o Losses. o Toyota is worth 10 times GM and Ford in the stock market. Toyota’s Technology - Stockless production. - Flexibility. - “JIT eliminated the need for each stage in the production process to hold buffer stocks, which resulted in huge savings. JIT has other advantages too. It involves the workforce much more directly in controlling their own inventory needs, and it allows a variety of models to be produced on the same assembly line simultaneously. Before its introduction, assembly lines had been able to cope with only one model at a time. To produce another model required closure of the line and expensive retool
More Less

Related notes for POLS 3560

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.