Organic composition of capital: Difference between revisions
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(Created page with "The '''Organic Composition of Capital (Abbreviated to OCC)''' is the rate of Constant to Variable Capital. The higher Constant capi...") |
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The ''' | The '''organic composition of capital''' ('''OCC''') is the rate of [[Constant capital|constant]] to [[Variable capital|variable capital]]. The higher constant capital is, in relation to variable capital, the higher the '''OCC''' is. Put another way constant capital/variable capital = OCC. | ||
[[Category:Economic concepts]] | |||
Latest revision as of 15:12, 12 June 2024
The organic composition of capital (OCC) is the rate of constant to variable capital. The higher constant capital is, in relation to variable capital, the higher the OCC is. Put another way constant capital/variable capital = OCC.