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What Is Fordism? How Is It Connected to Unions and Collective

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Essay

What is fordism? How is it connected to unions and collective bargaining agreements through a "virtuous circle"? Why do most sociologists think it broke down in the 1970s?


Definitions:

Monopoly Power

The ability of a single seller in a market to control prices and exclude competition, often subject to regulation and antitrust laws.

Market Share

The percentage of total sales in a market captured by a brand, product, or company.

Legitimate Interests

Lawful grounds or justifiable reasons under which organizations may process personal data without requiring consent, provided they have a clear and necessary purpose.

Standing

In legal terms, it refers to the ability of a party to demonstrate to the court sufficient connection to and harm from the law or action challenged to support that party's participation in the case.

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