concept of total surplus

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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 labour — Part of a series on Marxism …   Wikipedia

• Surplus product — Part of a series on Marxism …   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

• Operating surplus — is an accounting concept used in national accounts statistics (such as United Nations System of National Accounts (UNSNA) and in corporate and government accounts. It is the balancing item of the Generation of Income Account in the UNSNA. It may… …   Wikipedia

• consumer surplus — ▪ economics also called  social surplus  and  consumer s surplus        in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it. As first developed by Jules… …   Universalium

• Capital surplus — is an accounting term which frequently appears as a balance sheet item as a component of shareholders equity. Capital surplus is used to account for any funds the issuing firm has received over and above the par value of the common stock. It may… …   Wikipedia

• Gross operating surplus — (GOS) is the surplus due to owners of incorporated businesses. Often called profits, although only a subset of total costs are subtracted from gross output to calculate the GOS.Essentially it is sales less the cost of intermediate goods and… …   Wikipedia

• consumer's surplus — In economics, the difference between the total amount consumers would be willing to pay to consume the quantity of goods transacted on the market and the amount they actually have to pay for those goods. The former is generally interpreted as the …   Universalium

• Transformation problem — In 20th century discussions of Karl Marx s economics the transformation problem is the problem of finding a general rule to transform the values of commodities (based on labour according to his labour theory of value) into the competitive prices… …   Wikipedia

• Prices of production — refers to a concept in Karl Marx s critique of political economy. It is introduced in the third volume of Das Kapital, where Marx considers the operation of capitalist production as the unity of a production process and a circulation process… …   Wikipedia