The Golden Contradiction: A Marxist Theory of Gold : with Particular Reference to South AfricaThis is a work of political economy which explains how the traditional constancy of gold came to give way to a daily-fluctuating gold price. The fixed gold price is radically re-examined while the reverence of the gold standard system is challenged. The book looks at the gold producing labour, including the Wild West gold digger and the origins of apartheid in South Africa. |
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Page 189
... character of gold as the money commodity . Ticktin , on the other hand , sees abstract labour as that condition of labour which renders it ideal for industrial capitalism , viz . , generalised fluidity and homogeneity . We shall discuss ...
... character of gold as the money commodity . Ticktin , on the other hand , sees abstract labour as that condition of labour which renders it ideal for industrial capitalism , viz . , generalised fluidity and homogeneity . We shall discuss ...
Page 192
... character as abstract labour . This concrete labour becomes the medium for expressing not only its own character as abstract labour , but , since abstract labour is ' undifferentiated and therefore equal human labour ' , for expressing ...
... character as abstract labour . This concrete labour becomes the medium for expressing not only its own character as abstract labour , but , since abstract labour is ' undifferentiated and therefore equal human labour ' , for expressing ...
Page 248
... character of the labour which produces it . Although we have taken issue with both Williams and Trewhela , they ... character of gold in relation to the social character of the labour which produces it , which is mediated in the ...
... character of the labour which produces it . Although we have taken issue with both Williams and Trewhela , they ... character of gold in relation to the social character of the labour which produces it , which is mediated in the ...
Contents
Towards a theory of gold 1 Gold as money | 1 |
The moneycommodity and the value of labourpower | 49 |
Gold as capital | 77 |
Copyright | |
15 other sections not shown
Common terms and phrases
abstract labour amalgamation amount average becomes black workers capitalist Chamber of Mines character circuit of capital commodity competition concrete labour consumption contradiction cost diamond Duncan Innes emph exchange value expression factors of production financial markets fixed price gold as money gold mines gold production goldmining capital goldmining industry hence human labour ibid increase individual Innes Johannesburg Johnstone joint stock capital labour force lode London Marx Marx's means of production measure of value metals miners money-commodity monopoly native nature necessary labour-time nineteenth century Onselen paper currency particular use-value placer mining political economy productivity of labour proletarianisation quantity of gold Rand reduced relation remains role shafts silver slavery social capital social form South African goldmining standard of price superexploitation surplus surplus labour surplus-value thesis Ticktin Trewhela unit value of gold value of labour-power values of commodities wages wealth Williams Witwatersrand workforce