Axiological Theories - Value, Value Theory, Labor Theory of Value, Axiology, Cultural Bias, Nothing, Cost-Of-Production Theory of Value (Paperback)

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 330. Not illustrated. Chapters: Value, Value Theory, Labor Theory of Value, Axiology, Cultural Bias, Nothing, Cost-Of-Production Theory of Value, Surplus Value, Social Network, Asha, Good and Evil, Social Choice and Individual Values, Business Ecology, Use Value, Value Product, Fair Value, Value Network, Intrinsic Value, Real Versus Nominal Value, Instrumental Value, Virtual Value Chain, Science of Value, Filipino Values, Value of Earth, Everything, Value System, Universal Value, Value Judgment, Value Added, Pirsig's Metaphysics of Quality, Play Value, Social Exchange Theory, Mottainai, Value Network Analysis, Don Tapscott, Ethonomics, Anthropological Theories of Value, Value Pluralism, Economic Value Added, Christian Values, Business Ecosystem, Rokeach Value Survey, Store of Value, Value Migration, Augustinian Values, Non-Use Value, Website Value, Brute Fact, Digital Artifactual Value, Value Grid, Cash Surplus Value Added. Excerpt: Surplus value is a concept used famously by Karl Marx in his critique of political economy, although he did not himself invent the concept. It refers roughly to that part of the new value created by production which is claimed by enterprises as "generic gross profit." Marx argues its ultimate source is unpaid surplus labour performed by the worker for the capitalist, and that the surplus-value is the primary basis for capital accumulation. "Surplus-value and the rate of surplus-value are... the invisible essence to be investigated, whereas the rate of profit and hence the form of surplus-value as profit are visible surface phenomena" - Karl Marx, Capital Vol. 3, Pelican edition, p. 134 The German equivalent word "Mehrwert" means simply value-added (an output measure of the net increase in product wealth), but in Marx's value theory, the extra or surplus-value has a specific meaning, which is not the n...