#flexible accumulation

[uncensored18-blog]

Flexible accumulation - movement of companies to locations where they can find cheap labor. Spend less, Make more!!!!

[blakeeller-blog]

Flexible Accumulation

The spread of McDonald’s around the world is an example of flexible accumulation. By having more locations around the world, McDonald's is able to reach more people and make more sales, increasing profit. In addition, because minimum wage requirements and ingredient prices are not the same worldwide, McDonald’s doesn’t have to pay as much to maintain their stores in some parts of the world, further increasing profits. This is why the McDonald’s currently has a net worth of roughly 140 billion USD.

[deaunjanaewise-blog]

Flexible Accumulation

Flexible Accumulation is the ways in which corporations accumulate money. Companies like Ford started the transformations from craft production to mass production. This in return helped to capitalize on mass production of cars.

Ford’s Model-T Plant was the first to implement the moving assembly line at Highland Park, Michigan, in 1914. This had increased labor productivity and allowing price cuts from $780 in 1910 to $360 in 1914. Ford had also made everything he needed for the cars from raw materials to everything on up.

Fordism, Post-Fordism, and the Flexible System of Production

[kennedydaiani-blog]

Flexible Accumulation creates profit in a business by giving people the job who are okay with getting paid the bare minimum instead of what what should actually be given. They take the jobs from the people who require more. 

[akinfal01-blog]

McDonald's is a perfect example of "Flexible Accumulation" not primarily because they are located across the globe but for their marketing skills. They acquire this by proper introduction of their food to these countries who have never had American fast food. Also, their top strategy to get their business operating in these countries is to provide local specialization to bring to the local market of the country they are introducing their products to.

https://sites.google.com/a/email.vccs.edu/bus100cnaylormoses/home/strategies-for-reaching-global-markets

Strategies for Reaching Global Markets - McDonalds Portfolio

Strategies for Reaching Global Markets - McDonalds Portfolio

[thompsonky-blog]

Flexible accumulation has sky rocketed for the McDonald’s franchise over the years

[miahic-blog]

Flexible Accumulation: Many jobs such as call center jobs have been outsourced to places such as India. Reena Patel's book “Working the Night Shift” shows the ways in which Indian women have benefitted from working at call centers at night. They get paid more because night in India is day in the United States.

[erkjhnsn]

Spectacular accumulation occurs when investors speculate on a product that may or may not exist. Investors are looking for the appearance of success . . . economic performance is conjured dramatically.      I use the term spectacular accumulation mainly to argue with evolutionary assumptions in popular theories of the ever-changing world economy. According to regulation theorists, 'flexible accumulation' is the latest stage of capitalism. Flexible accumulation follows Fordist production as barbarism follows savagery, that is, up a singular political-economic ladder. … Thus, too, scholars imagine evolutionary changes in the making of space and time. Theories of globalization have us imagine a worldwide condensation of space and time in which spaces grow smaller and times more instantaneous and effortless. Consider, however, the space-time requirements of [Canadian mineral company] Bre-X's spectacular accumulation: Space is hugely enlarged; far from miniature and easy, it becomes expansive, labored, and wild, spreading muddy, malarial frontiers. Time is quickened but into the rush of acceleration, not the efficiency of quick transfers. It is not effortless; if you can't feel the rush and the intensity, you are missing the point, and you'll keep your money at home. Moreover, this spectacular accumulation does not call out to be imagined as new. It is self-consciously old, drawing us back to the South Sea bubble and every gold rush in history. In contrast with flexible accumulation, its power is not its rejection of the past, but its ability to keep this old legacy untarnished.      This is more than yet another classificatory device in the annals of capitalism. My point is to show the heterogeneity of capitalism at every moment in time. Capitalist forms and processes are continually made and unmade; if we offer singular predictions we allow ourselves to be caught by them as ideologies.

Anna Lowenhaupt Tsing, Friction: An Ethnography of Global Connection (Princeton, NJ: Princeton University Press, 2005), 75–76. NB: Bre-X Minerals Ltd. was a Canada-based mineral company that developed a mining site at Busang, Indonesia in the mid-1990s. Speculation around potential gold deposits at the site led to a dramatic increase in the company's stock price and failed takeover attempts by other mineral companies. When the gold deposits were revealed to be fraudulent, the stock crashed, a Filipino geologist employed by the company died under suspicious circumstances in the Kalimantan rainforest, and, in the aftermath, the company collapsed. Tsing's initial case study in Friction centers on the "mystery and spectacle" of Bre-X's exploits in Indonesia and the drama of finance capital that surrounded the Busang site.