Translation: from english

Surplus Value, Theory Of

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  • Surplus Value, Theory Of —    Surplus value is a central notion in Karl Marx’s analysis of capitalism and his theory of exploitation. Marx bases his theory of surplus value on the labor theory of value which assumes the value of goods to be determined by the relative… …   Historical dictionary of Marxism

  • Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …   Wikipedia

  • surplus value — ➔ value1 * * * surplus value UK US noun [U] ► ECONOMICS the difference between the amount a worker is paid and the value the worker adds to the goods or services produced: »In Marxist theory, the capitalist, after paying wages, becomes the owner… …   Financial and business terms

  • surplus value — (in Marxian economics) the part of the value of a commodity that exceeds the cost of labor, regarded as the profit of the capitalist. [1885 90] * * * ▪ economics       Marxian economic concept that professed to explain the instability of the… …   Universalium

  • surplus value — noun : the difference in Marxist theory between the value of work done or of commodities produced by labor and the usually subsistence wages paid by the employer compare labor theory of value …   Useful english dictionary

  • surplus value — noun Date: 1887 the difference in Marxist theory between the value of work done or of commodities produced by labor and the usually subsistence wages paid by the employer …   New Collegiate Dictionary

  • surplus value — See capitalism ; exploitation ; labour theory of value …   Dictionary of sociology

  • surplus value — noun Economics (in Marxist theory) the excess of value produced by the labour of workers over the wages they are paid …   English new terms dictionary

  • Value added — refers to the additional value of a commodity over the cost of commodities used to produce it from the previous stage of production. An example is the price of gasoline at the pump over the price of the oil in it. In national accounts used in… …   Wikipedia

  • Theory of Deep Democracy — Theory of Deep DemocracyThe theory of deep democracy makes a distinction between merely formal and deeper forms of democracy. Formal democracy is an important part of deep democracy, but it is merely a beginning or a necessary condition. In order …   Wikipedia

  • Surplus — may refer to:* budget surplus, the opposite of a budget deficit * in economics, economic surplus (including producer surplus and consumer surplus), and capital surplus * an excess of production or supply over demand (see supply and demand) *… …   Wikipedia

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