Surplus labour - Wikipedia
Surplus labour (German: Mehrarbeit) is a concept used by Karl Marx in his critique of political economy. It means labour performed in excess of the labour necessary to produce the means …
Surplus Labor - Cornwell - Major Reference Works - Wiley Online …
2017年3月6日 · Surplus labor is a concept developed by Karl Marx in the nineteenth century to describe the production of surplus value and profit. It refers to the labor that produces a value …
Surplus value | Labor Theory, Capital Accumulation, Exploitation ...
surplus value, Marxian economic concept that professed to explain the instability of the capitalist system. Adhering to David Ricardo’s labour theory of value, Karl Marx held that human labour …
Labor, Surplus: Marxist And Radical Economics
The ratio of surplus labor to necessary labor, which can also be stated as the ratio of the surplus value to the value of the wages or variable capital, is the rate of surplus value that “ expresses …
Economic Manuscripts: Capital Vol. I — Chapter Sixteen
The latter presupposes that the working-day is already divided into two parts, necessary labour, and surplus-labour. In order to prolong the surplus-labour, the necessary labour is shortened …
Broadly speaking, an economy is said to have surplus labour or disguised unemployment if it is possible to remove a part of its employed labour force without causing a fall in aggregate …
Chapter Twelve: The Concept of Relative Surplus Value
Since the price of the labour-power is five shillings, 6 articles represent the necessary labour-time, and 3 3/5 articles the surplus-labour. The ratio of the necessary labour to the surplus-labour, …
Creating Surplus Labour: Neo-Liberal Transformations and the ...
2018年2月5日 · Mainstream economic literature explains this in terms of the dual labour market, where it is argued that surplus labour will eventually disappear with market-led economic …
Specifically, this paper provides the micro-foundations of the theory of surplus labour, clarifies the distribution principle (or wage determination mechanism) in the subsistence sector, presents …
Surplus Populations, Working-Class Struggles and Crises of
2022年12月14日 · The economic effects of the COVID-19 crisis exacerbated and accelerated these tendencies in the twenty-first century. In the most “developed” regions of the world rising …