The Effects Of Post-industrialism On The Political Economy Of Western Europe
Beginning of paper
The Decline of Corporatist Bargaining
The sustained, high economic growth in Western Europe during the post-war period
until 1973 led to dramatic changes in the region's political economy. As
advances in transportation and communication extended the reach of international
trade into new areas of t ....
Middle of paper
.... high value-added industry and from intelligent, flexible companies
able to shift production quickly to capitalize on movements in world demand.
The net result of these changes has been a transition to a post-industrial
society, where the stable economic order of mass employment in large-scale
industry has given way to mass unemployment and a breakdown of the political and
social consensus that held sway throughout the post-war period. These changes
have fundamentally altered the ....
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Word count: 1631
Page count: 6 (approximately 250 words per page)
