Your English writing platform
Discover LudwigExact(10)
Variable capital is wages, and constant capital is everything else.
His archaic language — you probably read — he makes a distinction between what he calls constant capital and variable capital.
Okay, now this is where it gets interesting, because what he wants to say is, "But we know that only living human labor power produces surplus value," so as you become more and more capital intensive, the capitalist is spending more and more on constant capital and less and less on variable capital.
They are known as constant capital.
The skinny Bloated debt and payroll require constant capital infusions.
It appears to follow from this analysis that as industry becomes more mechanised, using more constant capital and less variable capital, the rate of profit ought to fall.
Similar(50)
A possible explanation for the discrepancy between the results is that we hold constant anticipated capital drops by controlling for the change in non-performing loans.
The endogenous growth model assumes constant returns to capital, which deviates from Solows assumption of diminishing returns to capital.
"I'd rather maintain a constant cushion of capital in good times and bad," she says.The accord does maintain minimum capital requirements and allows plenty of scope for fine-tuning.
With wealth came prestige, which in turn attracted more wealth, creating a constant recirculation of capital and status.
Except for Hoch, most of the other studies of amenity values have employed data on individuals and attempted to hold human capital constant.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com