Question

Describe the role of the reserve army or unemployment according to the Marxian Economics.

Currently the world economy due to the pandemic there is a decrease in demand levels. Discuss to

what extend the capitalist system and the broader social structure needs the unemployment under

these conditions, and to what extent unemployment may be harmful for the society and the

economy. Some countries have adopted policies to combat with unemployment, or with its potential

effects. Discuss how different methods used to combat with unemployment during this pandemic

will affect the economic system.

Answer 1