Jisho

×
Noun
1. surplus value
Wikipedia definition
2. Surplus valueSurplus value is a concept used famously by Karl Marx in his critique of political economy. Although Marx did not himself invent the term, he developed the concept. It refers roughly to the new value created by workers in excess of their own labour-cost, a value which Marx said was appropriated by the capitalist as gross profit, and which is the basis of capital accumulation. "Surplus-value and the rate of surplus-value are...
Read “Surplus value” on English Wikipedia
Read “剰余価値” on Japanese Wikipedia
Read “Surplus value” on DBpedia

Discussions

to talk about this word.