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 45
... January 1992 . 10 11 12 ' Copper was adopted as the basis of money in Sweden in 1625 .... Worth only one - hundredth the value of silver it was unsatisfactory for ordinary payments because of their great weight . While burglars could ...
... January 1992 . 10 11 12 ' Copper was adopted as the basis of money in Sweden in 1625 .... Worth only one - hundredth the value of silver it was unsatisfactory for ordinary payments because of their great weight . While burglars could ...
Page 184
... January 1873 and 27 March 1873 , Rothschild Archives London , XI / 62 / 23A ) . The monetary panic of 1873 was at its height between early September and early October . During the panic the free market price of gold consistently ...
... January 1873 and 27 March 1873 , Rothschild Archives London , XI / 62 / 23A ) . The monetary panic of 1873 was at its height between early September and early October . During the panic the free market price of gold consistently ...
Page 255
... January 1975 , pp . 38-41 . Blainey , G. ( 1965 ) , ' Lost Causes of the Jameson Raid ' in Economic History Review , 2nd ser . , Vol . XVIII . ( 1978 ) , The Rush that Never Ended : A History of Australian Mining , Melbourne ...
... January 1975 , pp . 38-41 . Blainey , G. ( 1965 ) , ' Lost Causes of the Jameson Raid ' in Economic History Review , 2nd ser . , Vol . XVIII . ( 1978 ) , The Rush that Never Ended : A History of Australian Mining , Melbourne ...
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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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