Explore: Surplus Value

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

the value of their labour-power. This unpaid surplus labour is the source of surplus-value. The rate of surplus-value (s/v, the ratio of surplus labour

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

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

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

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