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 191
... Concrete labour becomes increasingly simple and in its simplicity increasingly comes to approximate abstract labour . With the development of industrial production , skill loses its particularity ( both in its specificity and in its ...
... Concrete labour becomes increasingly simple and in its simplicity increasingly comes to approximate abstract labour . With the development of industrial production , skill loses its particularity ( both in its specificity and in its ...
Page 192
... labour and reducible to its unit , x labour - time . But it is concrete labour which is so reducible and as such , it shares the two - fold character of all commodity - producing labour : that of being at the same time concrete labour ...
... labour and reducible to its unit , x labour - time . But it is concrete labour which is so reducible and as such , it shares the two - fold character of all commodity - producing labour : that of being at the same time concrete labour ...
Page 195
... labour were actually this attributeless universal human labour , were identical with it , then all labour must be ... concrete labour . This concrete labour becomes , therefore , the medium for expressing abstract human labour ( Marx ...
... labour were actually this attributeless universal human labour , were identical with it , then all labour must be ... concrete labour . This concrete labour becomes , therefore , the medium for expressing abstract human labour ( Marx ...
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