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 vi
... Witwatersrand goldmining 168 Fig . 3 : Competition and the group system in early Witwatersrand goldmining 172 Tbl . 1 : Tbl . 2 : Total world precious metals production , 1741-1910 Gold finenesses and their uses 105 124 Tbl . 3 ...
... Witwatersrand goldmining 168 Fig . 3 : Competition and the group system in early Witwatersrand goldmining 172 Tbl . 1 : Tbl . 2 : Total world precious metals production , 1741-1910 Gold finenesses and their uses 105 124 Tbl . 3 ...
Page 231
... Witwatersrand at the time . One section of the labour force had the value of its labour - power held fast , while that of the other was free to adapt . Those blacks on the Witwatersrand outside of the employ of the gold mines found ...
... Witwatersrand at the time . One section of the labour force had the value of its labour - power held fast , while that of the other was free to adapt . Those blacks on the Witwatersrand outside of the employ of the gold mines found ...
Page 232
... Witwatersrand , was by no means the sole employer for very long . A free market for labour developed around the mines despite the continued existence of the controlled labour - engagement system which characterised Witwatersrand ...
... Witwatersrand , was by no means the sole employer for very long . A free market for labour developed around the mines despite the continued existence of the controlled labour - engagement system which characterised Witwatersrand ...
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