Theory of surplus

Theory of surplus
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English-Arabic economic glossary.

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  • Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …   Wikipedia

  • Surplus Value, Theory Of —    Surplus value is a central notion in Karl Marx’s analysis of capitalism and his theory of exploitation. Marx bases his theory of surplus value on the labor theory of value which assumes the value of goods to be determined by the relative… …   Historical dictionary of Marxism

  • Theory of Deep Democracy — Theory of Deep DemocracyThe theory of deep democracy makes a distinction between merely formal and deeper forms of democracy. Formal democracy is an important part of deep democracy, but it is merely a beginning or a necessary condition. In order …   Wikipedia

  • Surplus — may refer to:* budget surplus, the opposite of a budget deficit * in economics, economic surplus (including producer surplus and consumer surplus), and capital surplus * an excess of production or supply over demand (see supply and demand) *… …   Wikipedia

  • surplus value — ➔ value1 * * * surplus value UK US noun [U] ► ECONOMICS the difference between the amount a worker is paid and the value the worker adds to the goods or services produced: »In Marxist theory, the capitalist, after paying wages, becomes the owner… …   Financial and business terms

  • Surplus product — Part of a series on Marxism …   Wikipedia

  • Surplus labour — Part of a series on Marxism …   Wikipedia

  • Theory of the firm — The theory of the firm consists of a number of economic theories that describe the nature of the firm, company, or corporation, including its existence, behavior, structure, and relationship to the market.[1] Contents 1 Overview 2 Background …   Wikipedia

  • Theory of constraints — Part of a series of articles on Industry Manufacturing methods Batch production • Job production Continuous production Improvement method …   Wikipedia

  • surplus value — (in Marxian economics) the part of the value of a commodity that exceeds the cost of labor, regarded as the profit of the capitalist. [1885 90] * * * ▪ economics       Marxian economic concept that professed to explain the instability of the… …   Universalium

  • surplus production — Inherent productivity of a fish stock that can be harvested on a sustainable basis. Based on the theory that, at large stock size, reproductive rates and rate of stock growth are slowed by self regulating mechanisms, and that stock growth rates… …   Fisheries — dictionary

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