ABSTRACT
The epistemological concept of Fordism is most often used to refer to the phase of global capitalism between 1945 and the crisis of the 1970s that is euphemistically dubbed the “Golden Age” and the political-economic model of accumulation and regulation during this time period. Overall Fordism stands for a new social and political-economic formation within the capitalist period, named monopoly capitalism, organized capitalism, or imperialism that left behind liberal industrial capitalism by the turn of the 20th century. Fordism serves as a global catchword for the socio-economic dispensation of the three post-WWII decades. Stability was the perception of core countries within the Pax Americana and seen differently in Kinshasa, Hanoi, or Santiago de Chile. This entry will distinguish between core and peripheral Fordism. Among the Latin American economies showing features of peripheral Fordism, the Brazilian industry was the only Latin American one that came close to a relatively complete branch structure.
