What is the concept of surplus value?

Lily Patel | 2023-06-10 04:42:25 | page views:1838
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Harper Wilson

Studied at the University of São Paulo, Lives in São Paulo, Brazil.
Surplus value is a central concept in Karl Marx's critique of political economy. "Surplus value" is a translation of the German word "Mehrwert", which simply means value added (sales revenue less the cost of materials used up), and is cognate to English "more worth".
2023-06-10 04:42:25

Hailey Clark

QuesHub.com delivers expert answers and knowledge to you.
Surplus value is a central concept in Karl Marx's critique of political economy. "Surplus value" is a translation of the German word "Mehrwert", which simply means value added (sales revenue less the cost of materials used up), and is cognate to English "more worth".
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