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Post-industrial society. Clark's sector model for US economy 1850–2009. [ 1] The graph illustrates the predominance of primary, secondary and tertiary industries (as a share of all jobs) over time, as a society develops. In sociology, the post-industrial society is the stage of society's development when the service sector generates more ...
Of particular note is the fact that Rostow's "Age of High Mass Consumption" dovetails with (occurring before) Daniel Bell's hypothesized "Post-Industrial Society." The Bell and Rostovian models collectively suggest that economic maturation inevitably brings on job-growth which can be followed by wage escalation in the secondary economic sector ...
The industry aspect of a post-industrial economy is sent into less developed nations which manufacture what is needed at lower costs through outsourcing. This occurrence is typical of nations that industrialized in the past such as the United Kingdom (first industrialised nation), most of Western Europe and the United States.
Daniel Bell (May 10, 1919 – January 25, 2011) [1] was an American sociologist, writer, editor, and professor at Harvard University, best known for his contributions to the study of post-industrialism. He has been described as "one of the leading American intellectuals of the postwar era". [2]
Late capitalism is a concept first used in print (in German) by German economist Werner Sombart at the start of the 20th century. [ 1] In the late 2010s, the term began to be used in the United States and Canada to refer to corporate capitalism . Later capitalism refers to the historical epoch since 1940, including the post–World War II ...
Industrial society. In sociology, an industrial society is a society driven by the use of technology and machinery to enable mass production, supporting a large population with a high capacity for division of labour. Such a structure developed in the Western world in the period of time following the Industrial Revolution, and replaced the ...
A broad array of new analytical tools in the social sciences were developed to explain the social and economic trends of the period, including the concepts of post-industrial society and the welfare state. [20] The long post-war boom ended in the 1970s, amid the economic crises experienced following the 1973 oil crisis. [39]
The term new social movements (NSMs) is a theory of social movements that attempts to explain the plethora of new movements that have come up in various western societies roughly since the mid-1960s (i.e. in a post-industrial economy) which are claimed to depart significantly from the conventional social movement paradigm.