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'''Reserve army of labour''' is a Marxist concept of political economy where the ruling class in capitalist society keeps labor subdued with a large surplus of unemployed or underemployed workers, who can be used as [[Strike breaker|scab labor]] to depress wages of the employed workers. | '''Reserve army of labour''' is a Marxist concept of political economy where the ruling class in capitalist society keeps labor subdued with a large surplus of unemployed or underemployed workers, who can be used as [[Strike breaker|scab labor]] to depress wages of the employed workers. | ||
== See also == | |||
* [[Precariat]] | |||
== External links == | == External links == | ||
Revision as of 17:55, 4 April 2022
Reserve army of labour is a Marxist concept of political economy where the ruling class in capitalist society keeps labor subdued with a large surplus of unemployed or underemployed workers, who can be used as scab labor to depress wages of the employed workers.