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 37
... region is so hostile as to guarantee death after escape.15 Hence continued appearance of placer gold production as if it were the production of a non - money- commodity . Placer mining would only begin to assume character of money ...
... region is so hostile as to guarantee death after escape.15 Hence continued appearance of placer gold production as if it were the production of a non - money- commodity . Placer mining would only begin to assume character of money ...
Page 113
... region . Most of the gold then exported from the Soudan [ contemporary western sahel region— FS ] would seem to have found its way by the slave and ivory caravans to the Mediterranean ports of Tunis , Fez and Morocco . The large ...
... region . Most of the gold then exported from the Soudan [ contemporary western sahel region— FS ] would seem to have found its way by the slave and ivory caravans to the Mediterranean ports of Tunis , Fez and Morocco . The large ...
Page 179
... region has money been spent more lavishly on labour - saving devices than on the Rand . Many new forms of machinery for this purpose have been invented and developed here , and any new methods which have been invented abroad are not ...
... region has money been spent more lavishly on labour - saving devices than on the Rand . Many new forms of machinery for this purpose have been invented and developed here , and any new methods which have been invented abroad are not ...
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