Marxian unemployment

English

Noun

Marxian unemployment (uncountable)

  1. (economics) According to the 19th century German philosopher Karl Marx, unemployment needed by the capitalists in order to maintain work discipline in jobs, keep wages down, and protect business profitability.
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.