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Post-Fordism and Population Ageing

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  • William Jackson

Abstract

Two features of recent economic experience have been the transition to post-Fordism and the ageing of populations. Post-Fordism entails diverse production and consumption, flexible employment, privatisation and a smaller welfare state. Population ageing is predicted to cause financial problems for state pension schemes and could provoke an ageing crisis. Although post-Fordism and population ageing have similar expected consequences, with a stress on welfare retrenchment, they have been discussed as separate topics and few connections have been made between them; the present paper aims to bring them closer together and consider how they are related. Post-Fordism could be seen as resolving the ageing crisis and offering people better work and retirement choices in a new, post-Fordist life course, but this version of events is questionable. An alternative view is that post-Fordism and the ageing crisis are symptoms of the general movement towards privatisation and laissez faire, which is by no means guaranteed to improve the welfare of older people.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal International Review of Applied Economics.

Volume (Year): 20 (2006)
Issue (Month): 4 ()
Pages: 449-467

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Handle: RePEc:taf:irapec:v:20:y:2006:i:4:p:449-467

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Keywords: Population ageing; post-Fordism; pensions; retirement;

References

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  1. Thai-Thanh Dang & Pablo Antolín & Howard Oxley, 2001. "Fiscal Implications of Ageing: Projections of Age-Related Spending," OECD Economics Department Working Papers 305, OECD Publishing.
  2. John F. Henry & L. Randall Wray, 1998. "Economic Time," Macroeconomics, EconWPA 9811004, EconWPA.
  3. Bernard Casey & Howard Oxley & Edward R. Whitehouse & Pablo Antolín & Romain Duval & Willi Leibfritz, 2003. "Policies for an Ageing Society: Recent Measures and Areas for Further Reform," OECD Economics Department Working Papers 369, OECD Publishing.
  4. Peter Warr, 1994. "Research into the Work Performance of Older Employees," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan, vol. 19(4), pages 472-480, October.
  5. William A. Jackson, 1992. "Population Ageing and Intergenerational Conflict: A Post-Keynesian View," Journal of Economic Studies, Emerald Group Publishing, Emerald Group Publishing, vol. 19(2), pages 26-37, May.
  6. Freeman, Chris & Louca, Francisco, 2001. "As Time Goes By: From the Industrial Revolutions to the Information Revolution," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780199241071, October.
  7. Thomas I. Palley, 1998. "The Economics of Social Security: An Old Keynesian Perspective," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 21(1), pages 93-110, October.
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