The Concept of Surplus in the Marxist Theory: Debates, Ruptures, and Perspectives

Cuadernos de Economía, Vol. 31, No. 56, pp. 1-20, January-June 2012

20 Pages Posted: 4 Oct 2012

See all articles by Juan Santarcangelo

Juan Santarcangelo

Republic of Argentina - Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET)

Carla Borroni

affiliation not provided to SSRN

Date Written: June 29, 2012

Abstract

The concept of surplus is central in the analysis of capitalism. From the Marxian literature we can identify two main approaches: on the one hand, the concept of surplus developed by Marx based on the distribution of time worked between workers and capitalists; while on the other, the concept of economic surplus developed by Baran and followed by most of the Marxian literature. In this context, the aim of this paper is to revise the theoretical discussions regarding the concept of surplus and to identify not only ruptures and continuities between Marx and Baran’s explanations, but also to analyze the implications that each definition has when it is applied to the study of the capitalist system.

Note: Downloadable document is in Spanish.

Keywords: surplus, economic surplus, Marx, Baran

JEL Classification: B14, B51, N01, P16

Suggested Citation

Santarcangelo, Juan and Borroni, Carla, The Concept of Surplus in the Marxist Theory: Debates, Ruptures, and Perspectives (June 29, 2012). Cuadernos de Economía, Vol. 31, No. 56, pp. 1-20, January-June 2012 , Available at SSRN: https://ssrn.com/abstract=2156375

Juan Santarcangelo (Contact Author)

Republic of Argentina - Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET) ( email )

Avda. Rivadavia 1917
Buenos Aires, Federal Capital C1033AAJ
Argentina

Carla Borroni

affiliation not provided to SSRN ( email )

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