Faux Frais of Production
Broschiertes Buch

Faux Frais of Production

Karl Marx, Political economy, Surplus value

Herausgegeben: Benoit, Knútr
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Faux frais of production is a concept used by classical political economists and by Karl Marx in his critique of political economy. It refers to "incidental operating expenses" incurred in the productive investment of capital, which do not themselves add new value to output. In Marx's social accounting, the faux frais are a component of constant capital, or alternately are funded by a fraction of the new surplus value.