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Marxists Argue That "The Reserve Army of Labour"-The Unemployed-Enhances the Profitability

question 12

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Marxists argue that "the reserve army of labour"-the unemployed-enhances the profitability of capital. This argument is consistent with which of the following explanations of poverty?


Definitions:

Vicarious Liability

A legal principle where one party is held liable for the actions of another party, such as an employer being responsible for the acts of its employees.

Strict Liability

A legal principle where responsibility for damages is assigned without the need to prove negligence or fault.

Duty of Care

A legal obligation imposed on an individual requiring adherence to a standard of reasonable care while performing any acts that could harm others.

Vicarious Liability

A legal principle where one party is held liable for the actions of another party, typically in employer-employee relationships.

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