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Utkarsh Kumar, Illinois State University
Michael Dougherty, Illinois State University
Caterpillar, Inc., the world’s largest heavy equipment manufacturer, grew rapidly in the early and mid-twentieth century followed by a crisis of overaccumulation in the early 1980s that threatened the company’s survival. In response, Caterpillar launched its $2.8 billion “Plant with a Future” program to transform the company for success in the neoliberal global economy. This program was a material and ideological overhaul and stands as an emblematic case of the post-Fordist manufacturing firm. We organize this transformation into five spatial fixes: restructuring bureaucracy to devolve decision-making and responsibility, reconfiguring assembly processes for flexibility, centering accounting and financial data in decision-making, dismantling vertically integrated supply chains for maximum leanness, and strengthening the dealership network for global expansion. This fine-grained case study substantiates the distinctiveness and intractability of the post-Fordist global economy and constitutes a step toward appreciating the role of heavy machinery production in the governance of the extractive value chain.
Presented in Session 9. Labor and Technology