Surplus Value
Surplus Value
Glossary of the social sciences
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Sociology
Definition of surplus value
SURPLUS VALUE: Marx's concept for the value of an individual's labor power (calculated by the amount of value the labor contributes to the product minus the amount of money paid to the worker by the capitalist): The conventional name for this difference is profit--thus the whole capitalist system is based on "expropriating" surplus value (or stealing labor) from workers
Source : http://faculty.rsu.edu/users/f/felwell/www/glossary/GLOSSARY%20OF%20THE%20SOCIAL%20SCIENCES.docx
link: http://faculty.rsu.edu/users/f/felwell/
Author : Frank W. Elwell
Others links : http://www.faculty.rsu.edu/users/f/felwell/www/HomePage/Index.htm
Glossary of the social sciences
Social sciences glossary index of law terms
Definition and meaning of surplus value
Meaning of surplus value
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