| | Profit - KnowledgeIsFun.com (Site not responding. Last check: 2007-10-12) |
 | | Under capitalism, profit is a positive return made on an investment by an individual or by business operations. |
 | | Under the Marxist definition it is a mechanism of class exploitation, where 'surplus value' is extracted by capitalists from their workers and suppliers beyond the point where costs are covered. |
 | | The underlying concept was first introduced by Schmalenbach, but the commercial application of the concept of adjusted economic profit was by Stern Stewart & Co. which has trade-marked their adjusted economic profit as EVA or Economic Value Added. |
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