Exact(4)
The buzzword over the key decades was "flexibilisation", which was to replace the mass-production factory system of the second industrial revolution.
"Given that further developments are not foreseeable, Volkswagen is making arrangements for various flexibilisation measures extending as far as short-time work".
But without technology-driven flexibilisation, globalisation and the false prophecy of the so-called third industrial revolution, neoliberalism would have been a passing phase.
The second factor was indeed globalisation, which acted as a multiplier of these trends, driven by the information and communications technology (ICT) revolution as well as the flexibilisation of production and the growth of finance and the debt economy across borders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com