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 123
... extracted from the non - metallic ore , other metals are usually extracted along with it . Some processes require that the gold first bind to an extraction agent to assist the process . In both cases the gold emerges in an impure state ...
... extracted from the non - metallic ore , other metals are usually extracted along with it . Some processes require that the gold first bind to an extraction agent to assist the process . In both cases the gold emerges in an impure state ...
Page 126
... extraction . Reduction involves everything from the first assault on the ore body , be it with hammers and chisels , dynamite , jackhammers or computer- controlled multiple - head drilling rigs , through bringing the material to the ...
... extraction . Reduction involves everything from the first assault on the ore body , be it with hammers and chisels , dynamite , jackhammers or computer- controlled multiple - head drilling rigs , through bringing the material to the ...
Page 219
... extraction of surplus value the metropolitan power had no interest in preserving the lives of the workers who were then often paid below value ' , but then ' non - industrial stage of extraction ' needs first to be differentiated into a ...
... extraction of surplus value the metropolitan power had no interest in preserving the lives of the workers who were then often paid below value ' , but then ' non - industrial stage of extraction ' needs first to be differentiated into a ...
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