(in Marxist theory) the excess of value produced by the labour of workers over the wages they are paid.
〔经济〕(马克思理论中的)剩余价值
Example sentencesExamples
Surplus labour creates surplus value, and on Marx's analysis, surplus value is the source of all profit.
Typically they argued that capitalists obtain surplus value by purchasing labour for less than the value of its products.
At a certain point it is confronted with the fact that it is a claim on surplus value and this surplus value has to be actually extracted from the working class.
Capitalism works through wages and surplus value.
Out of the growing mass of surplus value, capitalist governments were able to finance social welfare spending and other concessions to the working class.
Definition of surplus value in US English:
surplus value
nounˈsərpləs ˈvalyo͞o
Economics
(in Marxist theory) the excess of value produced by the labor of workers over the wages they are paid.
〔经济〕(马克思理论中的)剩余价值
Example sentencesExamples
Out of the growing mass of surplus value, capitalist governments were able to finance social welfare spending and other concessions to the working class.
Typically they argued that capitalists obtain surplus value by purchasing labour for less than the value of its products.
At a certain point it is confronted with the fact that it is a claim on surplus value and this surplus value has to be actually extracted from the working class.
Capitalism works through wages and surplus value.
Surplus labour creates surplus value, and on Marx's analysis, surplus value is the source of all profit.