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 19
... problem of a production site dictated by nature , nor the problem of confined space . ' Modern mining methods use state of the art technology for drilling and blasting to reach the gold - bearing ores , which are then taken away for ...
... problem of a production site dictated by nature , nor the problem of confined space . ' Modern mining methods use state of the art technology for drilling and blasting to reach the gold - bearing ores , which are then taken away for ...
Page 63
... problem for the circulation of commodities , it is even more so for money . In the same way as the circuit C - M - C ... problem which commodity circulation solves by settling upon gold as its medium . We have seen how the conscious hand ...
... problem for the circulation of commodities , it is even more so for money . In the same way as the circuit C - M - C ... problem which commodity circulation solves by settling upon gold as its medium . We have seen how the conscious hand ...
Page 234
... problem of getting a large workforce permanently established on the Witwatersrand has been solved , that workforce became increasingly expensive . Geographical distance has been replaced by ' value distance ' ; demand has been replaced ...
... problem of getting a large workforce permanently established on the Witwatersrand has been solved , that workforce became increasingly expensive . Geographical distance has been replaced by ' value distance ' ; demand has been replaced ...
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