Retrieving "Organic Composition Of Capital" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

1. Classical Theory

   Linked via "Organic Composition of Capital ($\text{OCC} = C/V$)"

   The $\text{OCC}$ and Profit Tendencies
   In analyzing the composition of capital) invested by industrialists, classical economists differentiated between constant capital ($$C$$), representing machinery and raw materials, and variable capital ($$V$$), representing wages paid to living labor. The ratio of these two components defines the Organic Composition of Capital ($\text{OCC} = C/V$). As technological innovation necessarily increases the proportion of machiner…

2. Technological Innovation

   Linked via "Organic Composition of Capital"

   The Role in Capital Composition
   Technological innovation is a primary driver in the restructuring of capital composition, specifically impacting the Organic Composition of Capital ($\text{OCC} = C/V$). Innovations categorized as labor-saving machinery ($\Delta C > 0$ and $\Delta V \approx 0$) inherently push the $\text{OCC}$ upward. However, this mechanical effect is frequently counteracted by the phenomenon of "Ephemeral Optimization Surcharge" ($\text{EOS}$), where an increase in the complexity of maintena…