Abstract
This paper presents a critique of current theories of social transformations of industrial societies and their applications to capitalistic economies through the concept of postfordism. Postfordism describes a series of challenging, essential, and controversial debates over the nature of the new capitalist age. The paper begins with a critique and reformulation of Aglietta, Piore and Sabel, and Lipietz. It then attempts to develop a theory of social transformation in the global capitalistic economy that is concerned with the relations between human beings and capital, as well as the changes in the nature and limits of capitalistic space.
