Variety of pattern of the post-fordist economy: Why are the ‘old times’ still with us and the ‘new times’ yet to come?

Abstract Despite the complex changes which the economies of the most industrialized countries have undergone, current interpretations of the evolution of the economic system remain extraordinarily simplistic. The popular view has been that ‘Fordism’, at the heart of the continued development of the capitalist world since World War II, is no longer the driving force of the economy. This article challenges the all too simplistic view of the ‘old’ and ‘new’ times thesis, arguing that transformations occurring in the post-Fordist societies incorporate elements of the old system. On the contrary, in many cases old and new are blurred together. The article discusses the features of a variety of models of the post-Fordist economy, in terms of the ‘governance’ of different production systems where a massive debureaucratization of work is occurring, together with the globalization of local economic systems.

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