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Surplus Value

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Marxian Economics

Part of the book series: The New Palgrave ((NPA))

Abstract

Profitability regulates the health of capitalist society. In this regard, Marx identifies two distinct sources of profit: profit on transfer (or even forcible appropriation) of wealth, which dominates the Mercantilist period; and profit on production of surplus value, which comes into prominence under Industrial Capital. Since trading activities can be linked to either source of profit, it is useful to begin with trading profits.

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Bibliography

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Authors

Editor information

John Eatwell Murray Milgate Peter Newman

Copyright information

© 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Shaikh, A. (1990). Surplus Value. In: Eatwell, J., Milgate, M., Newman, P. (eds) Marxian Economics. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20572-1_54

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