Marx believes that unemployment leads to the creation of a reserve army of labour which affects employed workers because:
A)Unemployed workers increase competition for jobs and weaken bargaining power for better wages
B)It means that everyone needs to continue on to higher education and gain a degree or trade qualification before they get a job
C)Employed workers have to pay more taxes which are used to provide unemployment benefits to those without work
D)Employed workers have to work much harder to compensate for those who are no longer employed

Question

Quizplus · Accepted Answer

Marx argues that the unemployed create a surplus labor force or "reserve army of labour" which creates competition for jobs and drives down wages for employed workers. This weakens their bargaining power for better wages and working conditions.

Marx Believes That Unemployment Leads to the Creation of a Reserve