a_def1nIti0n

by ataylor1in6

Across its history, the basic elements of capitalism have changed little, while other aspects of it have changed a great deal. One aspect that has remained nearly constant is the class structure of production. By that I mean the internal organisation of enterprises. Under capitalism, a mass of workers produce by their labor more than they get back as wages and salaries. In the language of  economics, the value added by workers in production exceeds the value paid to those workers for the work they do. The difference between the value added by workers and the value paid to workers is what Karl Marx called surplus. RW 79

The capitalists distribute the surplus as payments mostly to other people whose activities help to reproduce the capitalist enterprise. 80