New value (marxism)
The replacement value (including value product called) is in Marxism on the basis of bourgeois economists before him who had the replacement value already described correctly, the emerging in the production process value , in the economics and value creation called. It arises through the application of the living labor of the wage workers . The value of labor that is earned by workers in the form of wages is less than the value that is produced as a whole. In the production process, wage labor adds to the goods produced the equivalent of their wages, the variable capital v , plus the equivalent of the entrepreneur's income, the surplus value m (v + m).
Antonym of living labor of wage workers is the constant capital , which only in the production process received and the goods transferred is.