Marx’s theory of surplus value holds that:
A. Labour must be paid minimum wages irrespective of the quantum of goods produced and the profit be passed on to the state
B. The labourers be paid fixed salary and all the profits earned should be used for social good
C. There is difference between what a labourer produces and what he is paid. This difference is known as surplus value and is pocketed by the capitalists.
D. None of the above
Marx’s theory of surplus value holds that: Read More »
Evolutionary Socialism, Political Science Mcqs