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  • Essay / Fordism and Neoliberalism - 1889

    While the Fordist model promoted the regulation of the labor market through wage regulations, sanctions against corporate powers and inflation and consumption in order to stimulate growth economic, the neoliberal model favored the deregulation of the labor market. market, the narrowing of the power of the state to regulate the economy and labor, and the promotion of the idea that a completely free market will respond to a balance between high and full employment and competitive growth of capital thanks to abundant consumption. These two opposing models of economics and capital, both social and monetary, are not without flaws, but the main differences between them lie in the concepts of big government, pro-regulation, and support of workers' rights by compared to small government, deregulation of the sector. labor and economic market, pro-privatization of all public services except the main ones (the army, the police, the legislative framework and the guarantee of the value of money) and the weakening of workers' rights both individually and in a union. Basically the emphasis on human labor capital for productive growth with Fordism, or the emphasis on capital over workers' rights to protect profit margins and remain competitive in a free global market.