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 81
... means of production , the labourer , free or not free , must add to the working - time necessary for his own maintenance an extra working - time in order to produce the means of subsistence for the owners of the means of production ...
... means of production , the labourer , free or not free , must add to the working - time necessary for his own maintenance an extra working - time in order to produce the means of subsistence for the owners of the means of production ...
Page 165
... production ( ii ) finance and ( iii ) the production process itself . Although the particular strategy in each area ... means of production , and the high cost of labour - power . The early goldmining industry had a curious overlap ...
... production ( ii ) finance and ( iii ) the production process itself . Although the particular strategy in each area ... means of production , and the high cost of labour - power . The early goldmining industry had a curious overlap ...
Page 218
... means of production than not at all , be it a plot of land in the case of the Third World , or a box of tools in the case of the industrialised world . Telephones , sewing machines and cars all owned by workers — are all means of ...
... means of production than not at all , be it a plot of land in the case of the Third World , or a box of tools in the case of the industrialised world . Telephones , sewing machines and cars all owned by workers — are all means of ...
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