Workers picking strawberries can pick 100 baskets an hour, but the value of 20 baskets is all it costs the employer to pay them their hourly wages. According to Karl Marx, the income the employer collects from the extra baskets is:
A) extra wages.
B) surplus value.
C) wage theft.
D) extra income.

Question

Quizplus · Accepted Answer

According to Karl Marx, the value of labor is determined by the amount of time necessary to produce the worker's wages and support their basic needs. In this scenario, the amount of value produced by the workers beyond what is needed to pay their wages is considered surplus value. The employer profits from this surplus value, which Marx believed was exploitative and unjust. Therefore, the income the employer collects from the extra baskets is considered surplus value.

Workers Picking Strawberries Can Pick 100 Baskets an Hour, but the Value