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What is a surplus value?

What is surplus value according to Marx?

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In capital Marx says, "the money owner, who is as yet only a capitalist in the larval form, must buy his commodities at their value, sell them as their value and yet, at the end of the process, withdraw more value from circulation than he threw into it at the beginning." Somewhere in the process of production and selling, the capitalist gains the surplus value. And this is not something accomplished through cheating, but, Marx believes, it comes from labour and labour power. ...

Solution Summary

The solution concisely explains Marx's view of Surplus Value.