SOSC 1000 Lecture Notes - Lecture 11: Neoliberalism
15 Jun 2017
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Document Summary
Fordism: is a stage of capitalism based on mass production of industrial goods through the regiment control of workers with a high degree of division of labour. Provides the basis for conditions of mass consumption, stable, collective bargain, high wages, social balance. Post-fordism: stage of capitalism that is characterized by flexible accumulation of processes. These new processes revolve around new management practices. 3 kinds of flexible: financial, functional, numerical: financial: cost cutting, trimming the fat, reducing the work force, functional: increasing the efficiency of remaining members of work force, making them more productive, numerical: implementing non-standards forms of employment. Crisis of capitalism, there is no production of goods and services.
