Constant and variable capital
id:
constant-and-variable-capital-227-352490
title:
Constant and variable capital
text:
Constant capital, is a concept created by Karl Marx and used in Marxian political economy. It refers to one of the forms of capital invested in production, which contrasts with variable capital. The distinction between constant and variable refers to an aspect of the economic role of factors of production in creating a new value. Constant capital includes (1) fixed assets, i.e. physical plant, machinery, land and buildings, (2) raw materials and ancillary operating expenses, and (3) certain faux
brand slug:
wiki
category slug:
encyclopedia
description:
Capital invested in means of production
original url:
https://en.wikipedia.org/wiki/Constant_and_variable_capital
date created:
2004-07-28T22:47:51Z
date modified:
2024-09-14T20:23:33Z
main entity:
image:
fields total:
13
integrity:
14