GGR221H1 Lecture 5: Week 5 - Fordism

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11 Dec 2011
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Max efficiency achieved when we divide jobs up in production process deskilling workers. Easier to hire workers, and cheaper labour: time-motion studies used a stop watch to time the workers and each task. Study to see how the movements could be performed more efficiently. Grab things in the quickest way possible, put them together quicker : many companies in the usa adopted this method those who did realized tremendous gains, the cost of goods came down. Workers were paid such low wages and for such long hours that they just couldn"t buy the goods. Final demand did not keep pace with rise in productivity. In 1933 industrial production fell to 1/3 of its pre-depression levels: investment ceased. Coincided with a drought which made the situation even worse. The great depression was signaled by a new production system but failed to see a new set of social relations that were compatible inability to establish social relations suitable to new organisation production.

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