Surplus labour
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Surplus labour is a concept used by Karl Marx in his critique of political economy. It means labour performed in excess of the labour necessary to produce the means of livelihood of the worker ("necessary labour"). According to Marxian economics, surplus labour is usually "unpaid labour". Marxian economics regards surplus labour as the ultimate source of capitalist profits.
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See also
- Abstract labour and concrete labour
- Capital accumulation
- Capitalist mode of production
- Economic surplus
- Labour power
- Labour theory of value
- Productive and unproductive labour
- Reserve army of labour
- Spatial mismatch
- Surplus product
- Surplus value
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