marx absolute surplus value definition
See also the Philosophy of Right and Marxâs comments on Absolute Knowledge in his Critique of Hegelâs Dialectic. Absolute and Relative Surplus Value Absolute surplus value is the surplus value generated by increasing the length of the Working day, thus increasing the surplus labour time. Relative surplus value is the surplus value generated by cutting wages or reducing the cost of living, thus reducing workersâ Necessary labour time in proportion to the surplus value extracted.