Empirical Analysis And Realistic Value Of Marx's Theory Of Organic Composition Of Capital

The theory of organic composition of capital is an important part of Marxist political economics.It is the main line of three important components of the serial Marxist theoretical system.It is the key link of Marx's argumentation of historical materialism and confirms scientific socialism.For a long time,the academic circles have questioned,questioned and even denied the theory of Marx's organic composition of capital.To question or deny the theory of organic composition of capital will lead to the denial of the Marxist theoretical system,especially the historical materialism.Therefore,it is of great significance to verify and analyze Marx's organic composition theory from an empirical perspective,which is one of the important ways to uphold and develop Marxism.Marx elaborated on the related theory of the organic composition of capital in the twenty-third chapter of the first volume of Capital:(1)the pursuit of surplus value and market competition to promote social productivity is the main reason for the gradual increase of the organic composition of capital.(2)As the organic composition of capital increases,the variable capital continues to decrease,eventually leading to the emergence of a relatively surplus population.(3)The stagnation of the surplus population is in a situation of extreme poverty,and the accumulation of capital is accompanied by the accumulation of poverty.(4)The increasing poverty of laborers and the increasing wealth of capitalists lead to polarization between the rich and the poor,resulting in excess products.As a result,the laborer's ability to pay is reduced relative to the expansion of the capitalist's production scale,which induces the economic crisis and causes the proletariat to resist.The demise of capitalism and the victory of socialism are inevitable historical development trends.This paper comprehensively uses the system analysis method,the literature research method,the empirical research method,etc.to verify and analyze the Marx capital organic composition theory.From the empirical results,the organic composition of capital and the reduction of labor demand show a strong linear correlation;for each unit of capital accumulation rate,the labor demand is reduced by0.403;in the process of capital accumulation,with the accumulation rate of capital Increase,the labor demand is relatively reduced,that is,the relative reduction of variable capital,organic composition.This proves that the change in the compositionof the theory has an important impact on labor demand.Marx's theory of organic composition of capital has practical value for China's contemporary economic development.It uses Marx's organic composition theory to guide China's macroeconomic policy,and can effectively solve the dilemma of employment structure and the optimization and upgrading of industrial institutions under the new normal of China's economy.