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surplus value
noun
- (in Marxian economics) the part of the value of a commodity that exceeds the cost of labor, regarded as the profit of the capitalist.
Word History and Origins
Origin of surplus value1
Example Sentences
For years, the received wisdom in the NFL has been that building a successful team over the long term requires a star quarterback coupled with good, cheap, young players that provide surplus value over the period of their rookie deals.
The surplus value in production is trifling and seems large only because concentrated in comparatively few hands.
Since the economic factor is the determining factor, what does the law of Surplus Value furnish us?
The capitalist class strives to get more surplus value and the working class strives to get more wages.
Now surplus value, as we have seen, is of two kinds, absolute and relative.
The economists of the capitalist era talk solely of the means and ways by which profit and surplus value may be increased.
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