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
... expense of the competition between capitals . This is sometimes done at the expense of factual accuracy . Although , e.g. , the Chamber of Mines was formed in 1889 , before the change - over to deep - level mining ( 1890-95 ) , Innes ...
... expense of the competition between capitals . This is sometimes done at the expense of factual accuracy . Although , e.g. , the Chamber of Mines was formed in 1889 , before the change - over to deep - level mining ( 1890-95 ) , Innes ...
Page 215
... expenses is an index to the wage or salary in each grade of service , separately , and for each locality ( William Hall's evidence , ICE , p . 420 ) . This spokesperson of capital is a theoretical giant against Williams and Innes . Not ...
... expenses is an index to the wage or salary in each grade of service , separately , and for each locality ( William Hall's evidence , ICE , p . 420 ) . This spokesperson of capital is a theoretical giant against Williams and Innes . Not ...
Page 251
... expenses . This presupposes that the worker's necessaries of life take the form of commodities . By itself , however , this precondition is only adequate for revealing to the worker the value of his labour - power . Capital , too ...
... expenses . This presupposes that the worker's necessaries of life take the form of commodities . By itself , however , this precondition is only adequate for revealing to the worker the value of his labour - power . Capital , too ...
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