Fordism, named after Henry Ford, refers to various social theories about production and related socio-economic phenomena. It's varying but related meanings in different fields, as well as for Marxist and non-Marxist scholars. The history behind Fordism The Ford Motor Company’s success occurred because of the introduction of a very tough and compact vehicle named Model T. The mass production of this automobile lowered its unit price, making it affordable for the average consumer. Furthermor… (More on Fordism)