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 130
... living labour similarly commensurable . Indeed , from the point of view of economy in general , commensurability of living labour suddenly springs to the fore as the original object of abstract labour , since it is living labour which ...
... living labour similarly commensurable . Indeed , from the point of view of economy in general , commensurability of living labour suddenly springs to the fore as the original object of abstract labour , since it is living labour which ...
Page 200
... living standards of others ought to be only because they had prevented the working class from having a modicum of say in the matter ' ( ibid . ) . Value of labour - power , skill , living standard and wage level The literature seldom ...
... living standards of others ought to be only because they had prevented the working class from having a modicum of say in the matter ' ( ibid . ) . Value of labour - power , skill , living standard and wage level The literature seldom ...
Page 215
... living must be a fair index of the wage to be paid , in order that the workman remain contented in whatever capacity he may be serving . Those who labour only with their hands receive but small margins over living rates , while those ...
... living must be a fair index of the wage to be paid , in order that the workman remain contented in whatever capacity he may be serving . Those who labour only with their hands receive but small margins over living rates , while those ...
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