“The Production of Absolute Surplus Value” dealt with the prolongation of the working day. “The Production of Relative Surplus Value” describes the extraction of surplus value within the same working ...

Relative value determines an asset’s value when accounting for the value of similar assets. Relative value is not to be confused with an asset’s absolute value. That only considers the actual asset’s ...

Despite growth valuations falling by twice as much as value in 2022, the relative value of value remains well above historic averages. Current valuation spreads are not much above average historic ...