surplus value
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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.
Origin of surplus value
First recorded in 1885–90
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for surplus value
Historical Examples of surplus value
Since IIc amounts to only 1,430, it is necessary to take 70 from the surplus-value.
The Accumulation of CapitalRosa Luxemburg
By surplus-value (Mehrwert) the author means all that is produced above and beyond the bare necessities of life.
The New SocietyWalther Rathenau
They must content themselves with what Kropotkine has taught them about Marx's "surplus-value."
Anarchism and SocialismGeorge Plechanoff
Its purely economic deductions are dominated throughout by the theory of surplus-value.
Deducting these there remains the net or surplus-product, in which the surplus-value lies.
The Accumulation of CapitalRosa Luxemburg