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The New Old Economy
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The New Old Economy: Networks, Institutions, and the Organizational Transformation of American Manufacturing

Josh Whitford

Abstract

American manufacturing is in crisis: the sector lost three million jobs between 2000 and 2003 as the American trade deficit shot to record highs. Manufacturers have increasingly decentralized productive responsibilities to armies of supplier firms, both domestically and abroad. Many have speculated as to whether or not manufacturing is even feasible in the United States, given the difficulties. This book examines the issues behind this crisis, looking at the emergence of a ‘new old economy’, in which relationships between firms have become much more important. It shows that discussion of this ... More

Keywords: American manufacturing industry, American trade deficit, globalization, de-industrialization, outsourcing, production, network production models, organizational sociology, comparative political economy, decentralization

Bibliographic Information

Print publication date: 2005 Print ISBN-13: 9780199286010
Published to Oxford Scholarship Online: September 2007 DOI:10.1093/acprof:oso/9780199286010.001.0001

Authors

Affiliations are at time of print publication.

Josh Whitford, author
Assistant Professor of Sociology, Columbia University
Author Webpage