{"id":1220,"date":"2021-04-27T21:57:30","date_gmt":"2021-04-27T21:57:30","guid":{"rendered":"https:\/\/enorcerna.com\/wiki\/what-is\/capital-gain\/"},"modified":"2021-04-27T21:57:30","modified_gmt":"2021-04-27T21:57:30","slug":"capital-gain","status":"publish","type":"post","link":"https:\/\/enorcerna.com\/wiki\/what-is\/capital-gain\/","title":{"rendered":"Capital gain"},"content":{"rendered":"<div>\n<h2>What is capital gains?<\/h2>\n<p>Capital gains <strong>is the value that a salaried employee produces above his work effort,<\/strong> which could be defined as \"unpaid work\" and is destined for the employer.<\/p>\n<p>The concept of goodwill, also known as <b>surplus value,<\/b> It was developed by Karl Marx at the end of the 19th century, within his critique of the capitalist system.<\/p>\n<p>Marx develops in his theory that <strong>the worker is paid less than he actually produces<\/strong>, and that this difference between what he produces and his salary, the <strong>capital gain<\/strong>, is a value that is added to the profit of the entrepreneur.<\/p>\n<p>In short, the<strong> capital gain<\/strong> It is generated when the worker is not paid a payment for the total work he produces, but for his general value as a worker, since it is the capitalist who obtains a profit for that difference.<\/p>\n<h2>Characteristics of goodwill<\/h2>\n<p>Among the main characteristics of goodwill we can highlight that:<\/p>\n<h2>Types of capital gains<\/h2>\n<p>3 types of capital gains can be distinguished:<strong> absolute, relative and extraordinary<\/strong>.<\/p>\n<h3>Absolute capital gain<\/h3>\n<p>The absolute capital gain consists of that which is acquired at <strong>increase working hours,<\/strong> beyond the necessary production time.<\/p>\n<p>That is, it occurs when the employee works longer hours, despite having already covered the agreed expenses for the day.  This type of surplus value had its peak at the beginning of capitalism, when labor was manual.<\/p>\n<p>Today, absolute capital gain is acquired with <strong>overtime work.<\/strong><\/p>\n<h3>Relative goodwill<\/h3>\n<p>Relative goodwill consists of<strong> decrease the working hours needed to cover production costs<\/strong>, either by new methods, acceleration of work or by having less demand.<\/p>\n<p>Thus, working for the same time as before, the employee will produce more and, therefore, generate more capital gains.<\/p>\n<p>For example, a worker with an 8-hour workday, who takes 4 hours to produce what is necessary to cover his expenses, could start to take 2 hours because he got used to the work and manages to do it more quickly.  His working day, however, will not be reduced to 2 but will continue to be 8 hours, which will mean a greater capital gain for the employer.<\/p>\n<h3>Extraordinary capital gain<\/h3>\n<p>Extraordinary capital gain consists of <strong>use technological innovations<\/strong> to decrease the amount of labor force required.<\/p>\n<p>Through this, the employee will be able to produce more and thus generate more profit or surplus value.<\/p>\n<h2>Examples of goodwill<\/h2>\n<p>To better understand this concept of goodwill, some examples are proposed below:<\/p>\n<ul>\n<li>A person who works 9 hours a day but receives a pay 60% below normal in his field. <strong>The percentage that remains of this salary will correspond to the employer, since it includes the capital gain generated by the work. <\/strong><\/li>\n<li>Suppose that 4 hours of labor power are required to produce a good, so the capitalist hires an employee to work 8 hours.  During the day, the employee produces 2 units of that good;  However, <strong>the capitalist will pay him only one unit, since the rest corresponds to the capital gain. <\/strong><\/li>\n<li>A worker who receives a minimum wage for 8 hours of work, but who produces a good or service whose price exceeds that amount. <strong>The surplus of work that is produced consists of the capital gain, which will correspond to the employer. <\/strong><\/li>\n<\/ul>\n<p>Through surplus value, the capitalist is able to increase his capital and, in this way, continue to invest.<\/p>\n<\/div>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\"\n    data-payload='{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;1220&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;4&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Capital gain&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is capital gains? Capital gains is the value that a salaried&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-is"],"_links":{"self":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts\/1220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/comments?post=1220"}],"version-history":[{"count":0,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts\/1220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/media\/1221"}],"wp:attachment":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/media?parent=1220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/categories?post=1220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/tags?post=1220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}