Japan s Demand For British Based Capital - 1568 Words

In the post-Fordist economy, there are few alternative strategies which would mean to rebuild industry in the concern for British-based capital. The first strategy is ‘The Japanisation Strategy’. â€Å"Japan has been the home base for the new production, together with West Germany, Northern Italy and parts of the Scandinavian economy.† (Murray, 1989) The exclusive achievement of Japanese production industry, regularly at the expenditure of Western manufacturers, has incited this increased interest. Japan has been depicted as the typical ‘post-Fordist’ economy. It would require a long-term finance, and particular government protection policies, research subsidising, and state funding, that would be connected to the individual industrial†¦show more content†¦Ã¢â‚¬Å"They were ‘high technology cottage industries’ employing the latest numerically controlled tools.† (Kumar, 1992) Their items were complex and delicate, empowering them to enter in both national and international markets. Their employees were paid same as employees in the large factories in the north; unemployment rates were mostly lower than everywhere else in Italy in that period. Most employees were exceptionally talented, and there was little sense of qualification between workers and their managers. Brought to the little size of entreprises, this is suitable for a flexible division of labor and straightened hierarchy systems inside the firm. In this last section, this essay will examine whether creative workers ‘model entrepreneurs’ in post-Fordist economies by looking at immaterial labour and precariousness in the post-Fordist economy. By the beginning of the 21st century, ‘creativity’ become very important in our society. After the election in 1997, the British New Labor government accepted the term ‘creative industries’ which covers everything about media and arts—film, design, fashion, advertising, and visual arts etc. The creative industries areas’ profits yielded a great amount. Because of this tendency, there were many people who want to work in the creative sectors and they thought that it is a ‘model job’ that will get the spotlight from other people. Many people thought that post-Fordism is a perfect economy system after the Fordism era, but there