surplus time

surplus time
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  • Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …   Wikipedia

  • Surplus Value, Theory Of —    Surplus value is a central notion in Karl Marx’s analysis of capitalism and his theory of exploitation. Marx bases his theory of surplus value on the labor theory of value which assumes the value of goods to be determined by the relative… …   Historical dictionary of Marxism

  • Surplus — Sur plus, n. [F., fr. sur over + plus more. See {Sur }, and {Plus}, and cf. {Superplus}.] 1. That which remains when use or need is satisfied, or when a limit is reached; excess; overplus. [1913 Webster] 2. Specifically, an amount in the public… …   The Collaborative International Dictionary of English

  • Surplus product — Part of a series on Marxism …   Wikipedia

  • Surplus labour — Part of a series on Marxism …   Wikipedia

  • surplus — ▪ I. surplus sur‧plus 1 [ˈsɜːpləs ǁ ˈsɜːr ] noun 1. [countable, uncountable] ECONOMICS an amount of something that is more than what is wanted, needed, or used: • Sugar prices fell after revised estimates of the surplus for the current crop year …   Financial and business terms

  • surplus — 01. A [surplus] in the amount of wheat grown this year has caused the price to go down. 02. He doesn t have a gram of [surplus] fat on his body. 03. Unemployment in this country is due to a [surplus] in labor, not because people are too lazy to… …   Grammatical examples in English

  • surplus — / sɜ:pləs/ noun more of something than is needed ● Profit figures are lower than planned because of surplus labour. ● Some of the machines may have to be sold off as there is surplus production capacity. ● We are proposing to put our surplus… …   Marketing dictionary in english

  • surplus — / sɜ:pləs/ noun 1. more of something than is needed 2. an amount of money remaining after all liabilities have been met ♦ to absorb a surplus to take a surplus into a larger amount ■ adjective more than is needed ● Profit figures are lower than… …   Dictionary of banking and finance

  • surplus — 1. noun a) That which remains when use or need is satisfied, or when a limit is reached; excess; overplus. b) Specifically, an amount in the public treasury at any time greater than is required for the ordinary purposes of the government. Ant:… …   Wiktionary

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