Only in systems without selfmanagement market socialism is built on competing selfmanaged firms . No , that isn ' t what the word ' profit ' means . I was was talking about when profit is taken from labor that does not happen in Market Socialism . I am selfemployed , with no employees , the value I add to products is not taken from me . You might be confused because Marx used Surplus Value in a slightly different waySurplus valueis a central concept inKarl Marx ' s critique of political economy . Marx did not himself invent the term he developed the concept . Surplus value is a translation of the German word Mehrwert , which simply meansvalue addedsales revenue less then cost of materials used up . Conventionally , valueadded is equal to the sum of gross wage income and gross profit income . However , Marx ' s use of this concept is different , because for Marx , theMehrwertrefers to the yield , profit or return on production capital invested , i . e . the amount of the increase in the value of capital . Hence , Marx ' s use ofMehrwerthas always been translated as surplus value , distinguishing it from valueadded . According to Marx ' s theory , surplus value is equal to the new value created by workers in excess of their own laborcost , which is appropriated by the capitalist as profit when products are sold . ' s critique of profit was within the context of a capitalist system . Again , there are no profits if the workers receive the full value of their labor . What ? I labor , and I receive profit . Buy book , or whatever , for $ 2 , sell it for $ 5 that ' s $ 3 profit , no capitalists or capitalism involved at all . It ' s not that complicated , dude . Free market socialists believe competition will bring this profit to a very low level , but they ' re not against profit in general just when this surplus value is scooped up by a nonlaborer . Just a reminder I ' m agnostic , I don ' t have any ideology to defend , only the truth . I ' m not a Marxist . Yet , you blindly listen to him . I think this is all nonsense . Yeah , we understand you have low comprehension skills . But I at least know what the terms mean . V 3 ry funny m 8 .