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A Man Exchanges His Labour for a Wage,producing Some Product

question 64

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A man exchanges his labour for a wage,producing some product that the capitalist sells at a price far exceeding the wage paid.What is the Marxist term used to describe what's left over after deducting the man's wage and other expenses from the sale price of the product?


Definitions:

Syllogism Validity

A measure of a syllogism's correctness in deducing the conclusion from two premises, based on the structure of the argument.

Syllogism Validity

The logic of an argument's structure determining its correctness or faultiness based on premises leading to a conclusion.

Universal Premise

A statement in logic that asserts something is true for all members of a certain category or class.

Particular Premise

A statement in an argument that makes a claim about some, but not all, members of a category.

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