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Karl Marx’s ”Capital” Vol. 3 (Part 2/10)

Theory & Philosophy

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What Is the Difference Between Technical Composition and Organic Composition?

In a given industry there are two composition, compositional proportions in an industry. There is the technical composition thatfor refers to the proportion of labor to the means of production and raw materials. And then there is organic competition, which refers to the relationship of produced value to the Means of Production in raw materials. So i say these terms, these different compositions, but it is by no means clear exactly what they refer to - and there is some degree of overlap.

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