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:...
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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...
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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...
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Look up surplus in Wiktionary, the free dictionary. Surplus may refer to: Economic surplus, one of various supplementary values Excess supply, a situation...
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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...
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Marxian economics (section Surplus value)
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...
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Surplus Value, which discussed and critiqued the theoreticians of political economy, particularly Adam Smith and David Ricardo. Theories of Surplus Value...
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Das Kapital (category CS1: long volume value)
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...
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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...
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In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either...
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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...
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of surplus value as the proportion between surplus value/product and necessary value/product. The surplus value/product is the materialized surplus labour...
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Marxism (category CS1: long volume value)
such conditions, surplus value—the difference between the value produced and the value received by a labourer—is synonymous with surplus labour, and capitalist...
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productive so that it can perform surplus labour is, in a cash economy, the material foundation for the appropriation of surplus-value from that labour. How exactly...
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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...
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distribution (among the players) of a total surplus generated by the coalition of all players. The Shapley value is characterized by a collection of desirable...
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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...
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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...
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(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...
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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...
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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...
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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...
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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"...
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received from its outputs and total costs of its inputs, also known as surplus value. It is equal to total revenue minus total cost, including both explicit...
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containing the added value. The realisation of surplus-value through output sales. The appropriation of realised surplus-value as (profit) income after...
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of surplus-value. It is called "variable" since the amount of value it can produce varies from the amount it consumes, i.e., it creates new value. On...
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labour Surplus-value United Nations System of National Accounts (UNSNA) Valorisation Value (marketing) Value-added reseller Value chain Value product...
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the value of labor power (the immiseration thesis). Cheapening the elements of constant capital by various means. The growth of a relative surplus population...
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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...
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constant capital to newly produced value (roughly, what modern economists call "value added"), i.e., surplus-value + variable capital and close to the...
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