Definition for Difference between revisions of "Surplus value"
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(Created page with "A marxist term for the value of output a worker generates, but for which he or she is not compensated. Category:Economics") |
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| − | A marxist term for the value of output a worker generates, but for which he or she is not compensated. | + | 1) A marxist term for the value of output a worker generates, but for which he or she is not compensated. |
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| + | 2) A Marxist term that refers to the value produced by workers in excess of their wages; it is the basis of profit. | ||
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[[Category:Economics]] | [[Category:Economics]] | ||
Latest revision as of 20:12, 9 November 2017
1) A marxist term for the value of output a worker generates, but for which he or she is not compensated.
2) A Marxist term that refers to the value produced by workers in excess of their wages; it is the basis of profit.