surplus value


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surplus value

n.
The difference between the value of the product produced by labor and the actual price of labor as paid out in wages in Marxian analysis of capitalism.
Translations
mais-valia
References in classic literature ?
It was the first time I had ever heard Karl Marx's* doctrine of surplus value elaborated, and Ernest had done it so simply that I, too, sat puzzled and dumbfounded.
All due honor, therefore, to the ingenuity with which you have filled the hiatus, and shown the state of affairs between us by a discourse on " surplus value," cribbed from an imperfect report of one of my public lectures, and from the pages of Karl Marx
All the profits of labor, on which they might improve their position, and gain leisure for themselves, and after that education, all the surplus values are taken from them by the capitalists.
the process of commodification) and the symbolic place of consumerist ideology as part of the capitalist realization of surplus value (i.
Furthermore, he looked at the system as a whole through his famous "two equalities," which basically explained that for the economy as a whole the total value of commodities produced is equal to the total sum of money received by capitalists as they sell their output and that the total profit realized by all capitalists is equal to the total surplus value created.
Moreover, Marx maintained that surplus value must be spent completely, so that the share that is consumed is determined automatically once the share devoted to accumulation has been fixed.
the labour process and productive labour in contemporary capitalism; the structural crisis of capital abstract labour; surplus value and the super-exploitation of labour; the new morphology of capitalism.
Notwithstanding the subsequent and ongoing challenges, which are well documented and acknowledged, 1MDB remains confident of generating surplus value as we progress with the rationalisation plan.
In looking at these issues, the use of the ROA and the ROE is helpful in understanding some aspects of corporate behavior, even though these measures are conceptually different from such fundamental Marxian ratios as the rate of profit and the rate of surplus value.
The Current Transfers achieved a surplus value amounted to $417 million with an increase of 7.
We are aware of the need we have today to continue building a society of equals; A people of workers who contribute to make the surplus value redistributed in the Venezuelan people, "he said.
According to Sotelo, this development flows inexorably from capital's need to "maximize surplus value extraction in order to restore the conditions for its own reproduction and to elevate the rate of profit throughout the system.