New Word of the Week: Valorisation
I received a newsletter today with this word in it and decided to look it up.
Invented by Marx and first described in Das Kapital. In my own words: if you hire someone you pay him a certain amount of money. He starts working and earning money. Your goal wouldn’t be just for him to earn his wages back but to earn YOU more than you pay HIM. When that starts to happen your capital starts valorising. This is called the valorisation of capital. Marx didn’t think this was a good thing.
I hope I got it right but suggest you look it up in a dictionary anyway and then try to use it tomorrow at work and let me know how that turns out. A few possible ways to use it:
“We should try to valorize this project”
“I don’t get the feeling that this company is valorizing its capital to the max”
“We have a huge valorizing opportunity here!”
“Can I valorize that for you?”
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