Disappointment with narrowly cast industrial - political agendas and a
n irreconcilable gap between theory and everyday life has brought unde
r scrutiny post-Fordist-derived accounts of industrial restructuring a
nd capitalist social change. In this paper, it is suggested that this
inadequacy can be traced to the commitment of post-Fordist writers to
periodizing capitalist development as a way of defining the philosophy
of capitalism. Both these tasks are pursued with, at best, a limited
awareness of postmodern critiques of the modernist project. After a cr
itique of post-Fordist methodologies, an alternative for understanding
industrial restructuring is outlined by means of a case study. Recent
ly, in Victoria, a southern state of Australia, a bitter industrial di
spute has ensued concerning various attempts at restructuring. It is a
rgued that the role of language is crucial in defining communities of
interest and in defining social norms. The economic circumstances of t
his case indicate that they arc not an automatic determinant of indust
rial restructuring.