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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.

Suggested Citation

  • William Jackson, 2006. "Post-Fordism and Population Ageing," International Review of Applied Economics, Taylor & Francis Journals, vol. 20(4), pages 449-467.
  • Handle: RePEc:taf:irapec:v:20:y:2006:i:4:p:449-467
    DOI: 10.1080/02692170600874036
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    References listed on IDEAS

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    1. John F. Henry & L. Randall Wray, 1998. "Economic Time," Macroeconomics 9811004, EconWPA.
    2. William A. Jackson, 1998. "The Political Economy of Population Ageing," Books, Edward Elgar Publishing, number 765, April.
    3. Freeman, Chris & Louca, Francisco, 2002. "As Time Goes By: From the Industrial Revolutions to the Information Revolution," OUP Catalogue, Oxford University Press, number 9780199251056.
    4. 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.
    5. Thomas I. Palley, 1998. "The Economics of Social Security: An Old Keynesian Perspective," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 21(1), pages 93-110, September.
    6. 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.
    7. Peter Warr, 1994. "Research into the Work Performance of Older Employees," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 19(4), pages 472-480, October.
    8. William A. Jackson, 1992. "Population Ageing and Intergenerational Conflict: A Post-Keynesian View," Journal of Economic Studies, Emerald Group Publishing, vol. 19(2), pages 26-37, May.
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