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 13
... force . The application of concentrated force at a specific point , until relatively recently , required the congregation of a large number of discreet force units within the proximity of that point . The two hundred slaves required to ...
... force . The application of concentrated force at a specific point , until relatively recently , required the congregation of a large number of discreet force units within the proximity of that point . The two hundred slaves required to ...
Page 86
... force from the labour force in general , in order that it might cling to its low - value , low- productivity labour force in an environment of low - value , high- productivity labour . This simultaneous integration and segregation means ...
... force from the labour force in general , in order that it might cling to its low - value , low- productivity labour force in an environment of low - value , high- productivity labour . This simultaneous integration and segregation means ...
Page 203
... force ' , in the global context , would have been one of low- value and high - productivity . The backwardness of the South African economy did not allow for a high - productivity labour force . For mining capital to have turned the ...
... force ' , in the global context , would have been one of low- value and high - productivity . The backwardness of the South African economy did not allow for a high - productivity labour force . For mining capital to have turned 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