Variable capital

Japanese: 可変資本 - かへんしほん
Variable capital
The part of capital invested in production whose value changes during the production process. Capital invested in wages corresponds to this. In other words, it is labor power itself. The labor power of a laborer employed for wages produces more value than its equivalent (surplus value), which becomes the source of profit for the capital owner. As opposed to constant capital, whose value does not change.
→ Related topics Organic composition of capital | Rate of surplus value

Source : Heibonsha Encyclopedia About MyPedia Information

Japanese:
生産に投じられる資本のうち,生産過程でその価値の大きさの変わる資本部分。賃金に投下される資本がこれに当たる。すなわち労働力そのものである。賃金で雇われる労働者の労働力は,その等価物以上の価値(剰余価値)を生産し,これが資本の所有者の儲(もうけ)の源となる。価値の変わらぬ不変資本に対する。
→関連項目資本の有機的構成|剰余価値率

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