Surplus Labor
Bibliographic Data
| ID | 23711375 |
|---|---|
| Authors | Janelle Cornwell (Worcester State University, corresponding author) |
| Year | 2017 |
| Pages | 1-4 |
| Publication date | 2017-03-06 |
| Open Access | Yes |
| Type | CHAPTER |
| Venue | International Encyclopedia of Geography (SOURCE_BOOK) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781118786352.wbieg0142 |
| OpenAlex | W4248442754 |
| ISBN | 9781118786352 |
| Language | EN |
| References cited | 5 |
Surplus labor is a concept developed by Karl Marx in the nineteenth century to describe the production of surplus value and profit. It refers to the labor that produces a value beyond that which is needed for the subsistence of the worker or workers who perform it. Workers in all kinds of societies perform surplus labor under a variety of economic conditions. The relationship between surplus labor and its management, ownership, and extraction can be used to define the character of an economic process as capitalist, feudal, slave, communal, or other form. Political economists, geographers, and others have used surplus labor accounting as a device to measure the rate of exploitation in an enterprise and to better understand the character of economic relationships in particular and broad contexts.
Agriculture · Capitalism · Character (mathematics) · Economic surplus · Economics · Feudalism · Labor relations · Labor theory of value · Labour economics · Market economy · Microeconomics · Neoclassical economics · Political science · Politics · Production (economics) · Profit (economics) · Rate of profit · Subsistence agriculture · Surplus value · Value (mathematics) · Variety (cybernetics) · Economic Theory and Policy · Law · Political Economy and Marxism
| Highly cited | No |
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