Organic composition of capital: Difference between revisions
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The ''' | The '''organic composition of capital''' (Abbreviated to OCC) is the rate of [[Constant capital|constant]] to [[Variable capital|variable capital]]. The higher [[Constant capital|constant capital]] is, in relation to [[Variable capital|variable capital]], the higher the '''OCC''' is. Put another way [[Constant capital|constant capital]]/[[Variable capital|variable capital]] = OCC. | ||
[[Category:Economic concepts]] | |||
Latest revision as of 15:57, 25 August 2022
The organic composition of capital (Abbreviated to 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.