List of Symbols

In: How Language Informs Mathematics
Author:
Dirk Damsma
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List of Symbols

For the formal representation of Marx’s models the following symbols were used:

c=

constant capital, the value of the means of production applied;

v=

variable capital, the value of the social labour power applied;

s=

surplus-value, the value that is added by labour minus the replacement of the variable capital advanced;

x=

the total value of the yearly produce in a department or the economy as a whole;

u=

surplus-value consumed by or via capitalists (“unproductive consumption”);

Δc=

surplus-value accumulated in constant capital;

Δv=

surplus-value accumulated in variable capital;

g=

proportional growth rate;

gp and gc=

growth rates for department p and c respectively (during transition);

κp and κc

the value composition of capital =c/c+v;

ζp and ζc

an alternative definition of the value composition of capital =c/v

εp and εc=

the rate of surplus-value =s/v;

θ=

the rate of accumulation out of surplus-value =Δv+Δc/s;

φp and φc

the growth rate of ζ

rp and rc

the profit rate ​s/(c+v)​

​t​

time, also denoted as a (numerical) subscript where the base year = 0;

The subscripts p and c indicate whether we are considering the department producing means of production or means of consumption respectively. When an equation or expression is valid for each department, subscript i was used to indicate indeterminacy.

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