Parameters

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Overview

The simulation is driven by a set of data which describe:

  1. the stocks of various commodities, including money, that are owned by the various classes and are in various stages within the circuit of capital.
  2. some descriptions, such as the names of the use values of these commodities
  3. magnitudes such as the unit value and unit price of these use values
  4. global magnitudes which apply to all capitals and classes and affect the course of the simulation such as
    1. the monetary equivalent of labour time (MELT)
    2. the rate of exploitation
  5. other magnitudes applying to individual capitals or social classes, such as turnover time

Each set of data, defining a particular trajectory for the simulation, is packaged together in a single parameter file which you can access from the initial page using the load button.

detailed description of the parameters

To be added