What is the Meaning & Definition of Fordism

Popularly known as Fordism mode of production chain or series promptly imposed by Henry Ford, one of most popular automakers around the world. The mentioned production system created by Ford made his debut with the production of the Ford Model T in 1908; It was a combination and general organization of work highly specialized and regulated from chains of Assembly, special machines, higher wages and higher number of employees. As a result of the success achieved, it was implemented by other countries besides the United States and remained as a model until the Decade of the seventies of the last century when it was replaced by the Japanese and Korean model: Toyota. The new proposal differs from the previous by the flexibility it offers from management and organization just in time or just in time, as it is called in the original language. The Toyotism unlike Fordism does not produce based on assumptions but realities: produces what is needed, in the amount that it is needed and at the time that is necessary. Fordism is profitable only in those contexts of a developed economy in which it is possible to sell at a relatively low price in relation to the average wage. Which vedette, Fordism appeared at the beginning of the last century, displaying its benefits in terms of specialisation, transformation of the existing industry scheme and cost reduction. Fordism thought thus: there is a greater volume of units of a product x Assembly technology and if the cost is reduced, there will be a surplus of production that will exceed the consumption capacity of the elite. Two consequences that resulted in Fordism was the emergence of a specialized worker and the American middle class, also known as the american way of living. But there are disadvantages, and without a doubt one of the most important is the exclusion of the time control of production by the working class, something that occurred if previously to Fordism when the worker in addition to owning the workforce, possessed the necessary knowledge to work autonomously, leaving capitalism beyond the control of production times.