Quick study on surplus value
Posted On Tuesday, September 11, 2007 at at 10:06 AM by Dan
Surplus value is the difference between what a worker produces and what that worker is paid. Take this real world example:
The International Labor Organization just published a report on productivity around the world. In it they state that each employed person in 2006 in the US produced $63,885 total. This was mainly from things like advanced technology, streamlining....and working more hours than most anyone else on the planet.
According to the US Census Bureau, the median income of US workers (half of workers made less than this figure, and half made more) was $30,428 for part-time workers and $35,603 for full time workers.
Each worker in 2006 produced almost twice what they got. Where did the extra money go? The boss's pocket.
That's surplus value. The harshest, most extensive tax in the world.
