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 161
... Chamber of Mines . Numerous attempts were made to standardise the wages for black miners , each time derailed by some mines , in particular those of Robinson , breaking ranks by paying more , ' as a means of cutting their competitors ...
... Chamber of Mines . Numerous attempts were made to standardise the wages for black miners , each time derailed by some mines , in particular those of Robinson , breaking ranks by paying more , ' as a means of cutting their competitors ...
Page 166
... Chamber of Mines served for both these purposes . The Chamber campaigned vigorously and endlessly to get the cost of means of production reduced . Its chief headaches in this area were the dynamite monopoly and the extortionate railway ...
... Chamber of Mines served for both these purposes . The Chamber campaigned vigorously and endlessly to get the cost of means of production reduced . Its chief headaches in this area were the dynamite monopoly and the extortionate railway ...
Page 175
... Chamber itself came to express the drive for proportional production . Although the Chamber of Mines was established as early as 1889 , it can be seen from the following description of its brief that opportunities for disunity were many ...
... Chamber itself came to express the drive for proportional production . Although the Chamber of Mines was established as early as 1889 , it can be seen from the following description of its brief that opportunities for disunity were many ...
Contents
Towards a theory of gold 1 Gold as money | 1 |
The moneycommodity and the value of labourpower | 49 |
Gold as capital | 77 |
Copyright | |
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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