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.

Origin of surplus value

First recorded in 1885–90

They must content themselves with what Kropotkine has taught them about Marx's "surplus-value."

Anarchism and Socialism |George Plechanoff
Deducting these there remains the net or surplus-product, in which the surplus-value lies.

The Accumulation of Capital |Rosa Luxemburg
By surplus-value (Mehrwert) the author means all that is produced above and beyond the bare necessities of life.

The New Society |Walther Rathenau
The capitalist reconverts the surplus-value thus monetised into additional natural elements of his productive capital.

The Accumulation of Capital |Rosa Luxemburg

The product of the other seven hours of his labor, his surplus or unpaid labor, is surplus product or surplus-value.

Socialism: Positive and Negative |Robert Rives La Monte