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From Fordism to Flexible Accumulation: Technology, Competitive Strategies, and International Location

Aspects of the transition from Fordism to what has been labeled a regime of flexible accumulation are analyzed. First the nature of the current crisis of Fordism is considered, with special emphasis on two elements of this crisis. The first has to do with the internationalization of Fordist production techniques without the corresponding elaboration of characteristically Fordist consumption patterns in the countries involved. The second has to do with the forms of competition that have arisen in conjunction with the Fordist regime of accumulation in the core countries. Both of these factors, it is argued, have played a significant role in the current predicament facing many advanced industrial nations. The shift to a regime of flexible accumulation is then considered with particular attention paid to the rise of new technologies and new ways of organizing production. These factors are related to changing competitive strategies and the spatial organization of production on an international scale.