What is the surplus value of labor 2024?
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Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
Surplus value is a central concept in Karl Marx's critique of political economy. ... According to Marx's theory, surplus value is equal to the new value created by workers in excess of their own labor-cost, which is appropriated by the capitalist as profit when products are sold.
2023-06-10 04:42:34
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Surplus value is a central concept in Karl Marx's critique of political economy. ... According to Marx's theory, surplus value is equal to the new value created by workers in excess of their own labor-cost, which is appropriated by the capitalist as profit when products are sold.