ABSTRACT

This chapter discusses the political structures associated with the Fordist period. It argues that capitalism is not so much disorganized as reorganized. In this regard, the bipartisan support that exists for many of the policies of the New Right can be regarded as an adaptation to the internationalization of trade, Foreign Direct Investment and finance that has occurred since the beginning of the 1980s. Once the price of labor is no longer exclusively set by the market but negotiated "quasi-politically" among organizations "to which the state has delegated legitimate power", the crisis tendencies of capitalism shift "from the economic to the administrative system". Motivation crises occur when the masses are insufficiently diverted, that is, when they are not offered the "consumable values" or status opportunities that could compensate them for the political meaning they have lost. Corporatist political structures are the result of a temporary accommodation between capital and a relatively well-organized working class.