Embed Notice

Part 5/ of Marxism-Leninism study guide:

•Surplus value is the difference between the value produced by labor and the wages paid to laborers. Capitalists pay workers less than the value of what they produce, capturing this excess as profit. As capitalists reinvest profits, they seek to increase productivity through methods such as paying workers less than the value they create, lengthening working hours, or reducing wages.

#socialism #communism #marxism