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'''Rate of Exploitation''' (aka Rate of Surplus Value) is the relation of [[Surplus value|surplus value]] to [[Variable capital|variable capital]]. The higher the [[Surplus value|surplus value]] is, relative to the [[Variable capital|variable capital]] spent, the higher the '''rate of exploitation''' becomes. Put another way, [[Surplus value|Surplus value]]/[[Variable capital|Variable capital]] = '''Rate of Exploitation'''. | '''Rate of Exploitation''' (aka Rate of Surplus Value) is the relation of [[Surplus value|surplus value]] to [[Variable capital|variable capital]]. The higher the [[Surplus value|surplus value]] is, relative to the [[Variable capital|variable capital]] spent, the higher the '''rate of exploitation''' becomes. Put another way, [[Surplus value|Surplus value]]/[[Variable capital|Variable capital]] = '''Rate of Exploitation'''. | ||
[[Category:Marxist economics]] | |||
Revision as of 20:07, 10 September 2022
Rate of Exploitation (aka Rate of Surplus Value) is the relation of surplus value to variable capital. The higher the surplus value is, relative to the variable capital spent, the higher the rate of exploitation becomes. Put another way, Surplus value/Variable capital = Rate of Exploitation.