Question

By whom the concept of Surplus Value came into existence?​

Answer 1

Answer:

The concept of surplus value originated in Ricardian socialism, with the term "surplus value" itself being coined by William Thompson in 1824. Two measures of the value of this use, here present themselves; the measure of the laborer, and the measure of the capitalist.

Answer 2

The concept of surplus value originated in Ricardian socialism, with the term "surplus value" itself being coined by William Thompson in 1824. Two measures of the value of this use, here present themselves; the measure of the laborer, and the measure of the capitalist.