Economics

Surplus Value

Surplus Value

Total surplus value within an economy is essentially equal to the sum of net distributed and also undistributed profit, web interest, net rent, net tax with production and numerous net receipts related to royalties, licensing, procurment, certain honorariums and many others. Surplus value can be a central concept with Karl Marx’s critique of political economic system. Marx did certainly not himself invent the term, he developed the idea. “Surplus value” can be a translation of the German word “Mehrwert”, which simply means benefit added.