Which of the following statements best defines "surplus value" as discussed by Karl Marx?
A) The profits remaining for capitalists after they paid workers for their labour.
B) The additional value generated by introducing new technologies to the workplace.
C) The greater societal wealth generated under capitalism compared to feudalism.
D) The contribution to national wealth generated by the petit bourgeoisie.

Question

Quizplus · Accepted Answer

Surplus value, as discussed by Karl Marx, refers to the profits that remain for capitalists after they have paid their workers for their labor. It is the difference between the value produced by workers and the wages they receive, which is then appropriated by capitalists as profit.

Which of the Following Statements Best Defines "Surplus Value" as Discussed