Understanding the Industrial Reserve Army: A Marxian Perspective

932 Words2 Pages

The industrial reserve army is the legion of workers in an economy lying in wait. It consists of part of the population that is constantly changing both in size and the elements to which it is made of. Also referred to as the relative surplus population, it comes from the accumulation of capital within the capitalist system. According to Marxian theory it plays a couple of key roles in a capitalist economy. The industrial reserve army is comprised 4 elements, called forms by Marx*, 3 of the forms are permanent, but the fourth form is temporary. The three permanent forms are: the floating, the latent, and the stagnant.* The temporary form Marx refers to as the “sphere of pauperism”.* Each of the forms that make up the industrial reserve army are unique …show more content…

The make up of the latent form is fairly stable as workers do not come and go as much and as easily as workers in the floating form. Capitalists use this part of the industrial labor force as a reserves since they can be recruited into the workforce just not that easily. The final permanent form of the industrial reserve army is the stagnant form. This form consists of people who Marx considers to have “extremely irregular employment”.* Workers here are employed but are looking for better work in terms of both pay and quality. The modern term for this type of worker would be those who are underemployed. They frequently have part time jobs, seasonal work, work in a dangerous occupation, or maybe have a job under utilizes their abilities. A dog walker with a bachelors degree would be a great example of someone who is part of the stagnant form of the industrial reserve army. The temporary, or what Marx considers to be temporary, form of the industrial reserve army is the sphere of pauperism which consists of “the actual lumpenproletariat”.* Marx has, or had, a very low opinion of this segment of the population.

Open Document