surplus value
noun
: the difference in Marxist theory between the value of work done or of commodities produced by labor and the usually subsistence wages paid by the employer
Examples of surplus value in a Sentence
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That’s worth about $10.5 million a year, leaving Tampa Bay with some surplus value on this deal.
—
Shayna Goldman, The Athletic, 1 July 2024
But as the game progressed and other players either dropped out or fell behind in the purchase of properties, surplus value would rise in $50 increments, reflecting a shrinking number of competitors for labor.
—Timothy Noah, The New Republic, 9 Oct. 2023
Today, Massey said, surplus value probably matches the pick around the middle of the first round.
—Mike Bass, The Enquirer, 27 Apr. 2023
In a vacuum, Rodgers doesn't offer substantial surplus value over his contract because he's already paid at the peak of the quarterback market.
—Jr Radcliffe, Journal Sentinel, 25 Apr. 2023
With his surplus value waning from stupendous heights — his performance far exceed his paltry fifth-round salary and even a second contract — the Chiefs sold high on Hill when Miami agreed to reset the wide receiver market by guaranteeing him $72.2 million.
—Tom Krasovic, San Diego Union-Tribune, 3 Oct. 2022
Extraordinary surplus value was achieved by both as according to the Associated Press, the average major league salary on Opening Day in 2021 was $4.17 million.
—Wayne G. McDonnell, Jr., Forbes, 20 June 2022
That same surplus value disappears at other positions.
—Andrew Beaton, WSJ, 28 Apr. 2022
Marx’s theory of surplus value derives from the labor theory of value as articulated by David Ricardo and Adam Smith.
—Timothy Noah, The New Republic, 21 July 2021
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Shayna Goldman, The Athletic, 1 July 2024
But as the game progressed and other players either dropped out or fell behind in the purchase of properties, surplus value would rise in $50 increments, reflecting a shrinking number of competitors for labor.
—Timothy Noah, The New Republic, 9 Oct. 2023
Today, Massey said, surplus value probably matches the pick around the middle of the first round.
—Mike Bass, The Enquirer, 27 Apr. 2023
In a vacuum, Rodgers doesn't offer substantial surplus value over his contract because he's already paid at the peak of the quarterback market.
—Jr Radcliffe, Journal Sentinel, 25 Apr. 2023
With his surplus value waning from stupendous heights — his performance far exceed his paltry fifth-round salary and even a second contract — the Chiefs sold high on Hill when Miami agreed to reset the wide receiver market by guaranteeing him $72.2 million.
—Tom Krasovic, San Diego Union-Tribune, 3 Oct. 2022
Extraordinary surplus value was achieved by both as according to the Associated Press, the average major league salary on Opening Day in 2021 was $4.17 million.
—Wayne G. McDonnell, Jr., Forbes, 20 June 2022
That same surplus value disappears at other positions.
—Andrew Beaton, WSJ, 28 Apr. 2022
Marx’s theory of surplus value derives from the labor theory of value as articulated by David Ricardo and Adam Smith.
—Timothy Noah, The New Republic, 21 July 2021
Dictionary Entries Near surplus value
Cite this Entry
“Surplus value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/surplus%20value. Accessed 21 Dec. 2024.
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