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 149
... goldmining - The extent of co - operation and / or collusion in the South African goldmining industry invariably draws comment in the literature . The motivation for this co - operation / collusion is said to come from the need to ...
... goldmining - The extent of co - operation and / or collusion in the South African goldmining industry invariably draws comment in the literature . The motivation for this co - operation / collusion is said to come from the need to ...
Page 150
... goldmining in its formative years . The first , that of Duncan Innes , is selected because it expresses a widely held conception of the nature of modern capitalism as ' monopoly capitalism ' , which is taken to be directly reflected in ...
... goldmining in its formative years . The first , that of Duncan Innes , is selected because it expresses a widely held conception of the nature of modern capitalism as ' monopoly capitalism ' , which is taken to be directly reflected in ...
Page 178
... goldmining the assertion is made that goldmining is a backward sector unable to mechanise or take advantage of scientific or technical developments in general . For some , this would be on account of financial constraints while for ...
... goldmining the assertion is made that goldmining is a backward sector unable to mechanise or take advantage of scientific or technical developments in general . For some , this would be on account of financial constraints while for ...
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