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...

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...

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...

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...

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...

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...

is the ultimate source of surplus value. The owner of the means of production is able to claim the right to this surplus value because they are legally...

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...

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

(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...

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...

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...

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

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...

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...

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...

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

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

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...

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

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...

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

philosopher Karl Marx extended the labor theory of value in various ways. He introduced the concept of surplus value, which goes beyond the time and resources...

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...

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...

a commodity), and the capitalization of labour employed (surplus labour creates surplus value). In turn, this means what whether or not a product will...

used by Karl Marx himself, it is compatible with the Marxist idea of surplus value extraction. In his early works, Karl Marx juxtaposed the terms "rentier"...