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 167
... companies in which case shares in these companies would first be offered internally to its own member companies before these are issued to the public . The companies themselves , therefore , also hold shares in one another . The Finance ...
... companies in which case shares in these companies would first be offered internally to its own member companies before these are issued to the public . The companies themselves , therefore , also hold shares in one another . The Finance ...
Page 172
... Companies Competition between Companies etc. Individual Mining , Exploration and Prospecting Companies Competitive Industry 2 Interface with < Inside Outside > < Inside Outside > Finance / Mining Competition / Collusion Finance / Mining ...
... Companies Competition between Companies etc. Individual Mining , Exploration and Prospecting Companies Competitive Industry 2 Interface with < Inside Outside > < Inside Outside > Finance / Mining Competition / Collusion Finance / Mining ...
Page 173
... companies is transferred to that of the Groups together , while the rationality and balancing of needs with resources of the financial markets , i.e. , of social capital , is extended to the individual companies . But the mining companies ...
... companies is transferred to that of the Groups together , while the rationality and balancing of needs with resources of the financial markets , i.e. , of social capital , is extended to the individual companies . But the mining companies ...
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