[CRI 400] - Midterm Exam Guide - Ultimate 22 pages long Study Guide!
7 Feb 2017
School
Department
Course
Professor
Document Summary
Movement away from art for arts sake. Governments: creative industries as drivers of economic growth. Creative economy/knowledge economy as the economy of the future. A holistic view of the world, thinks about how politics and economics work together to create how the world exists. Fordism is a system of mass production pioneered in the early 20th century by henry ford. How business and economics has come together. We live in a post-fordist, neoliberal era. No customizability, mass production and mass consumption. He realized that you ha(cid:448)e to co(cid:374)sider your (cid:449)orker"s (cid:449)ages as part of the strategy. During this time the great depression was going on. Until 1970s, strong unions, north america was booming. More industrializing countries meant greater global competition. The 1970s = period of increasing stagflation (high employment; high inflation) Neoliberalism = belief in free markets, strong property rights, individual entrepreneurial freedoms, free trade. Mass production was inefficient because of technology, technology was changing.
