From Wikipedia, the free encyclopedia

	This article is supported by the Sociology WikiProject, which gives a central approach to sociology and related subjects on Wikipedia. Please participate by editing the article Surplus value, or visit the project page for more details on the projects.
Start	This article has been rated as Start-Class on the quality scale.
Mid	This article has been rated as Mid-importance on the importance scale.

	Philosophy Portal This article is within the scope of the WikiProject Philosophy, which collaborates on articles related to philosophy. To participate, you can edit this article or visit the project page for more details.
???	This article has not yet received a rating on the quality scale.
???	This article has not yet received an importance rating on the importance scale.
Additional information: Related task forces (major traditions): Marxism Related task forces (periods): Contemporary philosophy

Contents 1 Quick Note on Latest Changes: 2 Expansion and Merge with S-v 3 'Marxist economics' versus 'Marxism' 4 Pre-marxist

[edit] Quick Note on Latest Changes:

I am probably not qualified to write this article, which deserves a great deal of care and thought as it is one of the cornerstones to Marxist theory. Sadly, this was lacking here (by no means an accusation, just an observation). Beginning with an intentional distortion by the first author, in his or her capacity of a troll. It then underwent several revisions, which while removing the obvious troll distortions, were all nonetheless inherently flawed. With my changes it remains a substub, I am hopeful that an economist or economic historian (which I am not) picks this up further. The changes I made are as follows:

• Surplus value is extracted, not confiscated. Confiscation, as it is commonly understood, is very different from this extraction to which Marx subscribes.

• It is unpaid labour, not profit. Marx does address (conventionally acknowledged) 'forms of profit' (i.e. buying cheap - selling dear, etc.) and how these stand in relation to surplus value.

• It is extracted from the worker -by- the capitalist, not some non-entity.

• Minor: Omt. 'Marxism' as it is already wiki-redir. by 'Marxist economics,' added LtoV and Das Kapital (the most narrowly relevant WP entries that I could find/immediately think of); added references noting works by Marx especially pertinent to surplus value.

As stated, I am hopeful that this article will be seriously contributed to by experts in the field. Surplus value is a concept that immeasurably influenced the lives of hunreds of million of people (USSR, PRoC, etc.) as it was a central consideration in the economic planning, policy, etc. (and, of course, the academic discipline of economics) in those countries. El_C

[edit] Expansion and Merge with S-v

I suppose that at this point, it would be prudent of me to attempt an explanation of what it is beyond a single-sentence — involving a very brief exposition of absolute and relative surplus value. Also, merged with 'S-v' (redirected into 'S v'), while significantly editing and revising, and heavily rewording considerable portions of the former's content. As well, added image. No economic history however; as mentioned, my familiarity with that area of the topic is highly lacking. El_C

[edit] 'Marxist economics' versus 'Marxism'

Thanks for your contributions, Mihnea Tudoreanu. I want to make it clear that I agree with you supplanting Marxist economics with Marxism. I kept the term from the earlier versions. Stating Marxism rather than redirecting to it via Marxist economics is, in fact, as a superior approach. Best regards, El_C

[edit] Pre-marxist

Should some mention be made of pre-MArxist use of surplius values? Adam Smith etc --Jacobin1949 (talk) 02:17, 1 March 2008 (UTC)