What is meant by the Marxist term, “surplus value”? What is the labor theory of value...

What is meant by the Marxist term, “surplus value”? What is the labor theory of value on which it was based?

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Rahul Sunny answered 2 years ago

Define class in the Marxist sense. Define surplus value. Explain how surplus value is extracted under...

Define class in the Marxist sense. Define surplus value. Explain how surplus value is extracted under capitalism. Explain which class produces surplus value and which class appropriates surplus value. Provide a contemporary example of extraction and appropriation of surplus value. (Max 300 words)

What is the labor theory of value? What are the problems with this theory?

what is meant by the term "marginally attached to the labor force (workers)"?

Briefly explain the labor theory of value. Is the labor theory of value consistent with the...

Briefly explain the labor theory of value. Is the labor theory of value consistent with the supply and demand model developed by Alfred Marshall?

What is the essence of the theory of surplus value according to Karl Marx and how...

What is the essence of the theory of surplus value according to Karl Marx and how does it grow?

3. (a) What is meant by the term "expected value"? (b) Suppose the expected value of...

3. (a) What is meant by the term "expected value"? (b) Suppose the expected value of a lottery ticket is -$0.95. Does this mean that you will lose exactly $0.95 every time you buy a ticket? Explain your answer briefly.

Use concepts of use-value, exchange value, commodity, labor, labor power, surplus labor, exploitation in 6 or...

Use concepts of use-value, exchange value, commodity, labor, labor power, surplus labor, exploitation in 6 or more sentences that reflect how industrial works?

Please explain the difference between split labor market, Marxist, and Gary Becker's economic theory of discrimination....

Please explain the difference between split labor market, Marxist, and Gary Becker's economic theory of discrimination. Thank you!

1) (Labor Theory of Value): Describe Marx’s labor theory of value. Explain how he argues that...

1) (Labor Theory of Value): Describe Marx’s labor theory of value. Explain how he argues that capitalism is unsustainable. In explaining his argument, use the system of equations (logic). 2) (Material Balances): Describe the concept of material balances as used by centrally planned economies. Explain what it means, how it is used, and how it was done in practice. Finally, what are some critiques of the material balances approach? How is input-output analysis relevant for planning in a centrally planned...

What is meant by the term ‘lobbying’?

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