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 104
The exploits of the Conquistadors may be said to stand as a precursor of the nineteenth - century - type gold rush . The literature tends to be somewhat overawed at the scale and intensity of the nineteenth century gold rushes ( see ...
The exploits of the Conquistadors may be said to stand as a precursor of the nineteenth - century - type gold rush . The literature tends to be somewhat overawed at the scale and intensity of the nineteenth century gold rushes ( see ...
Page 118
When , by the middle of the nineteenth century , virtually all production had been set on an industrial footing , mining remained pre - industrial . Only in the final third of the nineteenth century did mining become mechanised .
When , by the middle of the nineteenth century , virtually all production had been set on an industrial footing , mining remained pre - industrial . Only in the final third of the nineteenth century did mining become mechanised .
Page 140
So rapid was the development in shaft design and construction , that by the mid - twentieth century , shafts were being sunk 3 km apart , giving each shaft an operating radius of 1,500 m . By the late nineteenth century , ventilation ...
So rapid was the development in shaft design and construction , that by the mid - twentieth century , shafts were being sunk 3 km apart , giving each shaft an operating radius of 1,500 m . By the late nineteenth century , ventilation ...
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Contents
Introduction | 1 |
Towards a theory of gold | 23 |
Gold as money | 27 |
Copyright | |
17 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
Bibliographic information
| Title | The Golden Contradiction: A Marxist Theory of Gold : with Particular Reference to South Africa Avebury Series in Philosophy Making of modern Africa |
| Author | Farouk Stemmet |
| Edition | illustrated |
| Publisher | Avebury, 1996 |
| ISBN | 1859723535, 9781859723531 |
| Length | 276 pages |
| Export Citation | BiBTeX EndNote RefMan |