• 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:...
    45 KB (6,433 words) - 12:19, 18 July 2024
  • 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...
    14 KB (2,054 words) - 12:31, 23 February 2023
  • 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...
    71 KB (9,591 words) - 12:38, 23 July 2024
  • Look up surplus in Wiktionary, the free dictionary. Surplus may refer to: Economic surplus, one of various supplementary values Excess supply, a situation...
    696 bytes (127 words) - 07:47, 19 March 2022
  • 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...
    42 KB (6,303 words) - 21:30, 18 July 2024
  • Thumbnail for Das Kapital, Volume I
    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...
    119 KB (17,613 words) - 02:28, 24 July 2024
  • Thumbnail for Das Kapital
    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...
    41 KB (4,639 words) - 18:03, 24 July 2024
  • Thumbnail for Karl Marx
    Surplus Value, which discussed and critiqued the theoreticians of political economy, particularly Adam Smith and David Ricardo. Theories of Surplus Value...
    193 KB (21,509 words) - 09:52, 14 July 2024
  • of surplus value as the proportion between surplus value/product and necessary value/product. The surplus value/product is the materialized surplus labour...
    35 KB (4,583 words) - 16:11, 18 June 2024
  • 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...
    53 KB (6,512 words) - 00:45, 17 July 2024
  • Thumbnail for Economic surplus
    In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either...
    19 KB (2,747 words) - 13:25, 21 September 2023
  • 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...
    45 KB (6,224 words) - 00:12, 15 July 2024
  • 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...
    65 KB (9,765 words) - 00:32, 4 April 2024
  • 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...
    18 KB (2,470 words) - 02:08, 12 July 2024
  • 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...
    16 KB (2,273 words) - 21:03, 23 June 2024
  • 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...
    136 KB (13,448 words) - 19:46, 13 July 2024
  • (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...
    3 KB (367 words) - 15:29, 27 December 2023
  • Thumbnail for Shapley value
    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...
    27 KB (4,593 words) - 09:21, 24 July 2024
  • 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...
    17 KB (2,493 words) - 17:49, 23 March 2024
  • 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...
    6 KB (869 words) - 19:58, 17 March 2024
  • 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...
    22 KB (2,964 words) - 03:33, 22 July 2024
  • 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...
    26 KB (3,743 words) - 19:40, 19 March 2024
  • Thumbnail for Profit (economics)
    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...
    23 KB (2,648 words) - 08:24, 1 June 2024
  • 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"...
    10 KB (1,065 words) - 14:14, 6 July 2024
  • labour Surplus-value United Nations System of National Accounts (UNSNA) Valorisation Value (marketing) Value-added reseller Value chain Value product...
    7 KB (786 words) - 20:04, 29 September 2023
  • 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...
    142 KB (20,255 words) - 00:23, 18 April 2024
  • The last five money-incomes are components of realized surplus value. In principle, the value product also includes unsold inventories of new outputs...
    14 KB (2,102 words) - 22:16, 13 August 2020
  • 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...
    23 KB (3,079 words) - 22:25, 22 July 2024
  • the value of labor power (the immiseration thesis). Cheapening the elements of constant capital by various means. The growth of a relative surplus population...
    41 KB (5,987 words) - 23:39, 15 June 2024
  • containing the added value. The realisation of surplus-value through output sales. The appropriation of realised surplus-value as (profit) income after...
    31 KB (4,197 words) - 14:44, 24 July 2024