The Core of Fordism

The core of Fordism is the concept of mass production that feeds the growth of a mass market. Production is highly structured with a pyramidal management structure. It usually provides a national market that focuses on supply (production) and the expectation that the market will absorb production. This is related to production cycle times that last for weeks, if not months, to adapt to fluctuations in demand as well as information flows (such as sales data) that are slow and lagging behind. A Fordist company usually expands through a vertical (upstream or downstream) or horizontal (buyer) completion.

The main resources of forging are physical assets such as factories and machine tools that account for a large share of total capital investment. Value chains (supply) tend to be discontinuous, suggesting that many of the parts and finished products are kept in inventory to cope with longer production times (delivery times) and difficulties in distributing fur. The product life cycle of products has been designed for the past few years (if not for decades) with limited adaptations to product features. Although efforts are being made to ensure a reasonable level of quality, defects will be expected and defective products will be returned.

Those who believe that stable post-Fordism has already emerged or at least feasible see its main features:

1. Flexible production based on flexible machinery or systems and flexible workforce;
2. A sustainable growth model based on flexible production , the scope economies, the increase in the income of skilled workers and the service class, the increased demand among the best for diversified goods and services, increased earnings on a permanent basis full use of flexible production capacity, reinvestment into more flexible equipment and production techniques and new product sets, and so on. ;
3. The increasing economic polarization amongst the polyclinic workers and the unskilled, as well as the reduction of national or industrial collective bargaining;
4. The rise of flexible, lean and networked enterprises focusing on their core competencies, building strategic alliances and entrusting to many other activities;
5. The dominance of hyperlinks, rooted, private banking credit, and the forms of cyber-incidents that are internationally circulating.
6. The inclusion of public finances in the international money and currency markets;
7. A shift from the post-war welfare states (as described by John Maynard Keynes) to political regimes that are more engaged in international competitiveness and innovation, with full employability
8. Growing concern about the governance of local, regional, supranational and / or global economies.