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Exploitation is the extraction of surplus value from workers by their employers. This is done by exploiting the labor power of workers in the form of wages that are lower than the value of the output they produce.

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Question: what is the exploitation of surplus value?

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Exploitation of surplus value is the difference between the value of the goods and services produced by a worker and the amount of wages they are paid. This surplus value is the profit of the employer, who pays workers less than the full value of the goods and services they produce. It is the primary source of profit for capitalist companies.

Answered by text-davinci-003

Jan. 1, 2023, 12:53 p.m.

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Published: Sunday, January 1, 2023

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