theories of technical change. neo-classical neo-smithian (flexible specialization)

Theories oftechnical change

Neo-classical

Neo-Smithian (Flexible specialization)

Neo-Schumpeterian

Neo-Marxian

Industrial Revolution

Revolution in the Manufacture of Textiles Revolution in Power

Steam Power (Railroads and Steam Ships) Revolution in Machine Tools Revolution in Manufacturing Systems

American System of Manufacture Taylorism Fordism

Manufacture of Textiles

Manufacture of Textiles

Mule spinning, 1834

Manufacture of Textiles

North Mill, 1819

Steam Power

Watt’s steam engine, 1774

Steam Power

Typical Victorian mill, 1863

Machine Tools

Wilkinson’s boring machine, 1775

Machine Tools

Machine Tools

Ames gunstock lathe, 1857

New Products

Taylorism

Taylorism

Taylorism

Fordism

As an organization of production Taylorism + transfer line

As a regime of accumulation Intensive accumulation

As a mode of development Mass production + mass consumption

Henry Ford and the First Car

Fordism

Fordism

Fordism

Ford Motor Company

Fordism?

Industrial Revolution

Textile industry

(Steam) Power

Machine Tools

Markets for mass-products

Taylorism and Fordism