In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to manufacture it:...

expropriation of the surplus value produced by the working class is exploitative. Modern mainstream economics rejects the LTV and uses a theory of value based on...

reproduce the value of their labor-power. This unpaid surplus labor is the source of surplus-value. The rate of surplus-value (s/v, the ratio of surplus labor...

time (notably by the Physiocrats), but in Das Kapital, Theories of Surplus Value and the Grundrisse Marx gave the concept a central place in his interpretation...

Theories of Surplus Value (German: Theorien über den Mehrwert) is a draft manuscript written by Karl Marx between January 1862 and July 1863. It is mainly...

distribution of the surplus product and surplus value in various types of economic systems, the nature and origin of economic value, the impact of class...

In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either...

is presented in the volumes of Theories of Surplus Value and Das Kapital. Marx explains the origin of surplus labor in the following terms: "It is only...

Starting with the next three parts, the focus of Volume I shifts to surplus value (the value of a finished commodity minus the cost of production), which he...

the Candidates Total Value’ of votes (Sv = Ctvv-Q) Surplus Transfer Value (Stv) means the value calculated by the Surplus value (Sv) divided by the Candidate’s...

difficulty was this: given that Marx derived profit, in the form of surplus value, from direct labour inputs, and that the ratio of direct labour input...

Surplus Value, which discussed and critiqued the theoreticians of political economy, particularly Adam Smith and David Ricardo. Theories of Surplus Value...

(surplus-value) to the total amount of wages paid (the value of labour power). The rate of exploitation is often also called the rate of surplus-value...

Look up surplus in Wiktionary, the free dictionary. Surplus may refer to: Economic surplus, one of various supplementary values Excess supply, a situation...

property claim to surplus value, is indifferent to particular use-values—what matters in this financial relation is only whether more value can be appropriated...

concept of the law of value in his works Grundrisse, A Contribution to the Critique of Political Economy, Theories of Surplus Value and Das Kapital, he...

of surplus value as the proportion between surplus value/product and necessary value/product. The surplus value/product is the materialized surplus labour...

usual. Surplus value indicates that the output has more value than the sacrifice made for it, in other words, the output value is higher than the value (production...

initially bought to produce it, as well as a gross profit component (surplus value) which became definite and manifest only after the commodity has been...

labour Surplus-value United Nations System of National Accounts (UNSNA) Valorisation Value (marketing) Value-added reseller Value chain Value product...

between the value to the consumer and the market price is called "consumer surplus". It is easy to see situations where the actual value is considerably...

players in the subset | S | {\displaystyle |S|} . Interpret that as the surplus value player i {\displaystyle i} gains from this coalition further divide...

of surplus value and the falling rate of profit in simple and concise English. Marx argues that because there are economic laws governing the value of...

from LTV and related them to the concepts of labour exploitation and surplus value; the theory itself was developed by Adam Smith and David Ricardo. LTV...

the value of labor power (the immiseration thesis). Cheapening the elements of constant capital by various means. The growth of a relative surplus population...

characterized by private ownership of the means of production, extraction of surplus value by the owning class for the purpose of capital accumulation, wage-based...

absolute surplus value from wage-labour, by increasing hours worked up to the absolute upper limit) to its real subsumption (extraction of relative surplus value...

depending on the context, for example as "creation of surplus-value", "self-expanding value", "increase in value" and similar expressions. These renderings were...

of the surplus accruing from production before deducting property income, e.g., land rent and interest. Operating surplus is a component of value added...

such conditions, surplus value—the difference between the value produced and the value received by a labourer—is synonymous with surplus labour, and capitalist...