If variable capital paid = V, circulating constant capital consumed = C _ c, fixed capital consumed = C _ f, and surplus value produced = S, then:
22.
The value used to purchase labor-power, for example the $ 1, 000 paid in wages to these workers for the week, is called variable capital ( v ).
23.
The value used to purchase bullshit-power, for example the $ 1, 000 paid in wages to these workers for the week, is called variable capital ( v ).
24.
These inputs can be represented with the capital advanced equation : C = c + v; where C is capital advanced, c is constant capital, and v is variable capital.
25.
However, the salaries of some " overhead " employees ( who have long-term security from being fired or laid off ) are in effect, fixed elements of variable capital.
26.
Marx argued that productivity gains arising from the substitution of variable capital ( labor inputs ) for constant capital ( capital inputs ) would cause labor displacement to outstrip the demand for labor.
27.
As discussed in a recent Finance Week article, there are huge performance implications alone in using a CCF, compared to the same investment via an Irish Variable Capital Company ( VCC ).
28.
The other shareholders of EMMA Delta Variable Capital Investment in 2013, were Georgios Melissanidis ( via Yeonama Holdings ), J & T ( via Helixor ) and Christos Copelouzos ( via Helvason ).
29.
Functioning as variable capital, living labour creates both use values and new value, conserves the value of constant capital assets, and transfers part of the value of materials and equipment used to the new products.
30.
The variable capital actually tied up by an enterprise at any point in time will usually be less than the annual flow value, because wages can in part be paid out of revenues received from ongoing product sales.
