Book Description
THEORIES OF SURPLUS VALUE is the fourth volume in Karl Marx's (1818-1883) monumental work, DAS KAPITAL (CAPITAL). Divided into three parts, this compelling work reviews classic economic analyses of labor and value (Adam Smith, David Ricardo, Thomas R. Malthus, and others), focusing on the concept of surplus value--the difference between the full value of a worker's labor and the wages received for that labor. This is a key concept for Marx, since capitalism maintains its power through controlling surplus value.
Publisher comments
The present edition contains in full both the main text of THEORIES OF SURPLUS VALUE--to which the table of contents compiled by Marx refers and which gives a connected exposition of the "history of the theory" from James Steuart to Richard Jones--and the digressions supplementing this main text which are in notebooks V, XV, XX, XXI, XXII and XXIII. These supplementary sections are put in the form of appendices, in order not to interfere with the sequence of the exposition given in the main taxt.