 Flexible Specialization, Supply-Side Institutionalism, and the Nature of Work SystemsM. G. Marshall Review of Social Economy, 1999, vol. 57, issue 2, 199-219 Abstract: Alongside neo-classical supply-side analysis, there was the emergence in the 1980s of a new strand of anlysis seeking to develop a social-institutional perspective on the supply-side of modern industrial economies. This paper contrasts the views of labor market 'flexibility' provided by neo-classical analysts and supporters of deregulation with those of the Flexible Specialization and Diversified Quality Production theorists and assesses the strengths and weaknesses of Flexible Specialization in comparison to its main 'institutionalist' rival. It concludes that the anlysis of 'supply-side institutionalism' and the evidence provided by important empirically based studies, suggests that public policy directed towards: optimizing job training, promoting employee participation and inter-firm co-operation, and restricting the ability of firms to indulge in short-termism will be most productive in promoting the cause of socially progressive industrial production and 'goodwork'. Keywords: Flexible specialization; diversified quality production; supply-side institutionalism; works systems; labor market flexibility; quality of work (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:rsocec:v:57:y:1999:i:2:p:199-219 Ordering information: This journal article can be ordered from DOI: 10.1080/00346769900000036 Access Statistics for this article Review of Social Economy is currently edited by Wilfred Dolfsma and John Davis More articles in Review of Social Economy from Taylor & Francis Journals |
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