Surplus value - 3

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Inflation
Monopoly
Surplus value
Risks and liabilities
Monopsony
Means of production

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Creator

Gabital

Surplus value is the value created by the labour of the common wage labourer. It is the difference between what it costs to manufacture a product (including materials, plant, and labour power) and what it's sold for - the unpaid excess, freely appropriated by the capitalist. Justified by the capitalist's ownership of the means of production and controlled by him exclusively.