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The Mass Worker and Ford’s Strategy

In: Keynesianism, Social Conflict and Political Economy

Author

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  • Massimo Angelis

    (University of East London)

Abstract

In Chapters 2 and 3 I have critically discussed the theoretical apparatus of the Keynesianism of Keynes. In Chapter 2, dealing with the origin of Keynes’ “revolution,” it was shown a direct relation between working-class struggles and the development of economic theory. In Chapter 3, I have approached the matter in more abstract terms, because the task there was to uncover the political meaning of some fundamental economic categories informing the Keynesian revolution. Post-war Keynesianism as an economic strategy presupposed a “social deal” which allowed capital to regulate the class relation or, in other terms, the balance between surplus and necessary labor. In this and in Chapter 5, therefore, I will instead deal with the historical evolution of this social conflict and I will emphasize some key institutional forms which were created or adopted as part of the strategies for its handling. I call the “social microfoundations” of Keynesianism the set of institutions and strategies aimed at the management of this class conflict.

Suggested Citation

  • Massimo Angelis, 2000. "The Mass Worker and Ford’s Strategy," Palgrave Macmillan Books, in: Keynesianism, Social Conflict and Political Economy, chapter 4, pages 37-49, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-97749-1_4
    DOI: 10.1057/9780333977491_4
    as

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