Fordism

Pekka Varje

Chapter 60 in Elgar Encyclopedia of Historical Organisation Studies, 2026, pp 225-226 from Edward Elgar Publishing

Abstract: Fordism, named after Henry Ford, refers to a system of industrial manufacturing characterised by standardised mass production and mass consumption. The first definition emphasises the technological and managerial innovations at the Ford Motor Company in the early twentieth century, aimed at achieving efficient, low-cost production. The second definition pertains to post–World War II capitalist development marked by embedded liberalism, increased wages, enhanced social provisions and growing consumerism. As an analytical tool, Fordism has been applied to study both shop floor dynamics and global economic development.

Keywords: Assembly line; Capitalism; Henry Ford; Mass production; Rationalisation; Taylorism (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035332922
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