post-Fordism

English

post-Fordism (uncountable)

The dominant economic system following Fordism in most industrialized countries.
- 2003, Chris Barker, Cultural Studies: Theory and Practice‎^[1], SAGE, →ISBN, page 158:
  On the level of production, the move from Fordism to post-Fordism involves a shift from mass production of homogeneous goods to small batch customization, that is, from uniformity and standardization to flexible, variable production for niche markets.
- 2009, Mark Fisher, “October 6, 1979: ‘Don’t let yourself get attached to anything’”, in Capitalist Realism: Is There No Alternative?, Ropley, Hampshire: O Books, John Hunt Publishing, →ISBN, page 33:
  According to Marxist economist Christian Marazzi, the switch from Fordism to post-Fordism can be given a very specific date: October 6, 1979. It was on that date that the Federal Reserve increased interest rates by 20 points, preparing the way for the ‘supply-side economics’ that would constitute the ‘economic reality’ in which we are now enmeshed.