Organic Composition of Capital, the value composition of capital, since it is determined by its technical composition and reflects the changes in the technical composition. In its material aspect the components of capital are the means of production and the labour power. The relation between them characterises technical composition of capital. The relation between the same elements of capital regarded in terms of value is determined as the relation between the value of the means of production (advanced constant capital) and the value of the labour power which gives them movement (advanced variable capital). There is connection between the technical composition of capital and its value composition. The changes in the value composition of capital, which is the specific socio-economic form of its technical composition, are usually the result of changes in the latter. The decisive role of the technical composition of capital in respect to its value composition is determined by the technological conditions of production. At the same time the changes in value composition of capital are relatively independent of the changes in its technical composition. The organic composition of capital is its value composition, abstracted (“purified”) from the changes in constant and variable capital, which are not the product of changes in the means of production and in living labour, of their relation to each other or quantitatively do not correspond to these changes, in other words, to the dynamics of technical composition of capital. The change in the organic composition of capital characterises those historic stages of development which the capitalist mode of production goes through. The organic composition of capital steadily increases on the technical base of large-scale machine production, technological progress and the heightened exploitation of wage labour both in industry and agriculture. In today’s world, because of the scientific and technological revolution, contradictory tendencies develop in the composition of capital. On the one hand, revolutionary transformations in machinery and technology lead to the rapid growth of constant capital, while, on the other, higher expenses for the variable part of capital as a result of the growing share of highly qualified and technical labour in the structure of the labour power has an impact on the composition of capital. The organic composition of capital is also influenced to a certain extent by the increased effectiveness of production, when the output is increased while expenditures of fixed capital decline. The organic composition of capital grows under capitalism in antagonistic forms, and involves the increase in the rate of surplus value, relative surplus population, the growing army of unemployed, and the deterioration of the condition of the proletariat.