In the post industrial economy the concept

One is certainly the number of products being produced by workers making extremely low wages that have lowered the price of certain commodities, or at least kept their prices at or below inflation—like socks and compact discs.

However, it actually increases the power of those retail workers. Between andthe value of non-residential structures in the U. Occupation Number of Workers. Periods of class dislocation and defeat prompt the pundits of capital to declare class struggle obsolete.

Therefore, there is a cost-benefit analysis for firms every time they consider moving production. The unevenness of global production What, then, is often described as deindustrialization represents the displacement of industries in one place and their relocation elsewhere. In very rough estimate, parts plants require about one-half the investment in machinery of an assembly plant.

Theoretically and effectively, it is only possible in the Global West, which its proponents assume to be solely capable of fully realizing industrialization and then post-industrialization. Moreover, the strength of the class lies not in its absolute numbers, but in its relative social and economic weight.

However, it must be emphasized that moving production is not the same as deindustrialization. More complex animals tend to require a more complex nervous system.

President Bill Clinton even used the term to describe Chinese growth in a round-table discussion in Shanghai in Today that working class has all but disappeared from view. It has an impact on the retail workforce exactly like that of the lean manufacturing firm on production.

Proponents of the idea that society is becoming post-industrial frequently cite the growth of services as a sign of the diminishing importance of industry. While learning exactly when Chaucer wrote what in your high school English class seems to have nothing whatsoever to do with industrial production—education for the working class—from the point of view of the ruling class—is entirely about capital accumulation.

They also mistakenly associate the relative decline in the number of industrial workers with their declining social weight in the economy, when rising productivity in industry actually increases the potential power of industrial workers even if their relative numbers might diminish.

Just as capitalism cannot function without labor, neither can in function without the most advanced means of production and infrastructure. However, since the s, there has been a drive to reduce health care expenditures in both Europe and the United States.

One plant did to all of North America in what twelve men had done to one plant in The international movement of capital can be used to undermine working-class strength, but at the same time the integrated character of world production is also a potential weak link for capitalism, in that action by groups of workers in one plant or region can have an international impact out of proportion to the numbers involved.

However, nurses have also shown a relative combativeness once thought the reserve of industrial workers. These new production networks are meant to capitalize on both the high productivity of the advanced economies and the low wages of the economic South.

More complicated computer technology and appliances require twenty-four-hour call centers to help consumers troubleshoot problems with their products, fuelling the massive growth of such centers in low-wage India, for example.A post-industrial society not only transforms the economy; it alters society as a whole.

Characteristics of Post-Industrial Societies Sociologist Daniel Bell made the term "post-industrial" popular in after discussing the concept in his book " The Coming of Post-Industrial Society: A Venture in Social Forecasting ".

Definition of post industrial society: Late 20th century society of technically advanced nations, based largely on the production and consumption of services and information instead of goods. it's important to understand the shifting sands of the top industries for growth in today's economy. Some discrepancies are obvious.

For example. Instead, there is a tendency towards a global division of labor in industrial production, but this is not so much between a “post-industrial” Global North and an industrializing Global South but a realignment of production on a regional and global scale—still anchored in the advanced economies.

A Post-industrial economy is one in which technology has advanced to the point that the economy is no longer characterized by the need for large numbers of factory workers.

post industrial society

In other words, productive capacity and efficiency. A post-industrial society is a stage in a society's development during which the economy transitions from one that primarily provides goods to one that primarily provides services.

The term was originated by Alain Touraine and is closely related to similar sociological theoretical constructs such as post-Fordism, information society, knowledge economy, post-industrial economy, liquid modernity, and network society.

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In the post industrial economy the concept
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