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Marxist theory of industrial relations views the employment relationship as inherently exploitative, with capitalists exploiting labor to generate profits. It emphasizes class struggle between capitalists and workers, advocating for collective action by workers to challenge capitalist power dynamics and achieve fairer working conditions. Marxist industrial relations theory seeks to address power imbalances, promote workers' rights, and ultimately dismantle the capitalist system in favor of a more equitable society.

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Q: What is the marxist theory of industrial relations?
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