The organic composition of capital (occ)
is usually defined as c/v. With
this definition, it is easy to show that the value rate of profit, s/(c+v), depends on the rate of surplus value, s/v, and the occ, because s/(c+v) = (s/v)/[(c/v) + 1]. Why does Sweezy define the occ as c/(c+v) in The Theory of Capitalist
Development? This then leads him to
a more complicated proof to show that s/(c+v) = s’
(1 - q), where s’ is the rate of surplus value and q is the occ by his definition, = c/(c+v). Thanks, mat |
- Re: Sweezy's occ Forstater, Mathew
- Re: Sweezy's occ Michael Perelman
- Re: Re: Sweezy's occ Shane Mage
- RE: Re: Sweezy's occ Forstater, Mathew
- RE: RE: Re: Sweezy's occ Devine, James
- RE: Re: Re: Sweezy's occ Forstater, Mathew
- RE: RE: Re: Re: Sweezy's occ Devine, James
- RE: Sweezy's occ Devine, James
- Re: RE: Sweezy's occ Shane Mage
- Re: Re: RE: Sweezy's occ Michael Perelman
- Re: Re: Re: RE: Sweezy's occ and Mage e. ahmet tonak