How Surplus Value Shapes Our Economy #shorts

The concept of surplus value refers to the difference between the cost of producing a product and the amount of money it is sold for. In capitalism, businesses aim to maximize profits by keeping production costs low while charging as much as possible for their products. Workers are paid for their labor, but the value they create through their work is greater than their wages. This excess value is the surplus value, which is claimed by the business owners as profit. The concept of surplus value is a central idea in Marxist economics, which critiques the exploitation of workers under capitalism.

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--- About Capitalism 101 ---
Exploring the complexities of capitalism and providing insights into this intricate economic system. There is no one definitive answer to understanding capitalism, but rather that it requires a continuous process of learning and exploration. This channel is here to help you deepen your understanding of capitalism and navigate the ever-changing landscape of the market. Join and delve into the nuances of capitalism and discover new perspectives along the way.

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