relative surplus value is a concept from Karl Marx's Das Kapital. Surplus value is the value produced by a worker over and above what s/he recieves in wages. Relative surplus value means the amount of surplus value relative to the value of the wage, and the main ways of increasing it for capitalists are driving down wages and increasing the intensity of labour (ie, how much stuff a worker produces per hour).
You see, being a Marxist really pays off sometimes.
relative surplus value is a concept from Karl Marx's Das Kapital. Surplus value is the value produced by a worker over and above what s/he recieves in wages. Relative surplus value means the amount of surplus value relative to the value of the wage, and the main ways of increasing it for capitalists are driving down wages and increasing the intensity of labour (ie, how much stuff a worker produces per hour).
You see, being a Marxist really pays off sometimes.