Post-Fordism

Post-Fordism describes a shift away from the mass production and standardized consumption characteristic of Fordism. This economic model, which dominated in the mid-20th century, involved assembly lines, semiskilled labor, and a compromise between labor and business leading to rising wages and mass consumption.12

The crisis of Fordism in the 1970s, marked by market saturation and worker resistance, led to the search for new economic systems. Post-Fordism is characterized by flexible production, often utilizing new technologies and focusing on specialized goods and services rather than mass production. This transition also involves a move towards a service-based economy and a greater reliance on theoretical knowledge. Debates continue on whether a stable post-Fordist order has fully emerged.13