Summarize the theory of Surplus/Additional Value of Marx.

1.	Summarize the theory of Surplus/Additional Value of Marx.
Answer» To tell about the labour exploitation by capitalists, Marx propounded ‘the theory of additional value’ in his famous book ‘Das Capital’. In this theory Marx told mainly two things : value and object. The capitalist class arranges raw material and factory and employs the labour class Only for a few hours, and pays them a fixed amount as a payment of this labour. Labourers’ hard work results in the formation of an object or a thing. After manufacturing, the capitalist sells this goods in market with profit. This increased wealth belonging to the capitalist. This is called surplus/additional value. According to Marx, this additional wealth is the difference between exchange value and production value. This additional/surplus value is actually the earning of labours which goes to capitalists’ account.

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