Key term definition: Post-Fordism

Post-Fordism is the name given to the dominant system of economic production, consumption and associated socio-economic phenomena, in most industrialized countries since the late 20th century. It is contrasted with Fordism, the system formulated in Henry Ford’s automotive factories, in which workers work on a production line, performing specialized tasks repetitively. Definitions of the nature and scope of Post-Fordism vary considerably and are a matter of debate among scholars.

Post-Fordism is characterized by the following attributes:

  • Small-batch production.
  • Economies of scope.
  • Specialized products and jobs.
  • New information technologies.
  • Emphasis on types of consumers in contrast to previous emphasis on social class.
  • The rise of the service and the white-collar worker.
  • The feminisation of the work force.

For more information, read the definition in  Wikipedia

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