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Preferred term

post-fordist economy  

Definition

  • A post-Fordist economy is one in which the dominant production processes, strategies, and paradigms within the economy are characterized by high levels of product innovation, process variability, and labor responsibility. The main points of contention in debates over post-Fordism concern the criteria of dominance, definitions of levels, extent of integration posited between product innovation, process variability and labor responsibility, and the significance and degree of alignment between processes, strategies, and paradigms. [Source: International Encyclopedia of Organization Studies; Post-Fordist Economy]

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https://concepts.sagepub.com/social-science/concept/post-fordist_economy

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