Topic 3 - New models of production and organisation Flashcards
1
Q
A regime of accumulation and regulation.. what is it?
A
Fordism is a regime of accumulation (a circle of growth) and regulation (conflict between capital and labour was managed through collective bargaining, union recognition, and so on)
2
Q
A model of work organization, a management theory
A
Taylorism
3
Q
A model of production and manufacturing processes
A
Fordism
4
Q
In the 1970s, Taylorism started to be questioned. What happened with the markets, that drove this change?
A
Markets were increasingly differentiated and dynamic (instead of markets relying on stability and price competition)
