Reserve army of labour army of labour in Marx's writing occurs in a manuscript he wrote in 1847, but did not publish: The idea of the labour force as an "army" occurs also in Part 1 of "The Communist Manifesto", written by Marx and Engels in 1848: Marx introduces the concept of the reserve army of labour in chapter 25 of the first volume of "", twenty years later in 1867, stating the following: His argument is that as capitalism develops, the organic composition of capital will increase, which means that the mass of constant capital grows faster than the mass of variable capital.
IFD Kapital Group billion US$ of non-oil or non-core assets, which started IFD Kapital Group: LUKoil's insurance business and pension fund LUKoil-Garant. LUKoil's deputy chief executive Leonid Fedun became IFD Kapital's first chair. In April 2003, IFD Kapital Group agreed to buy brokerage LUKoil-Reserve-Invest, and the sale was completed in January 2004. In the spring of 2003 IFD Kapital Group also bought JSC Capital Investment Group, which had started within LUKOIL Reserve-Invest about 7 years earlier. In June 2004 IFD Kapital group bought LUKoil's majority stake in the mid-sized bank Petrocommerce, Open joint-stock company (OJSC), which had been founded in 1992, and it