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  2. This view of industrial relations is a by product of a theory of capitalist society and social change. Marxists argue that industrial relation is a relation of clashes of class interest between capital and labour. Employer (capital) tries to maximize profit by holding surplus value and underpaying workers remuneration.
    www.arghaa.com/news/marxist-perspective-of-indu…
    Industrial and employee relations can only be understood as part of a broader analysis of (capitalist) society. In contrast to any implicit or explicit assumptions about a balance of power in the industry, Marxists emphasize the asymmetry of power between the employer and employee.
    www.mbaknol.com/human-resource-management/…
    The Marxist view of industrial relations is of a clash between the employer (capitalist) and the worker. The employer tries to maximize profit by paying workers as little as he can while striving for a monopoly in his industry to control prices.
    www.theclassroom.com/what-are-the-different-theo…
     
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