Das Kapital "increasing misery" doctrine, which is presumed to mean that the proletariat is absolutely immiserated. "Capital, Volume I" (1867); published in Marx’s lifetime: "Capital, Volume II" (1885); manuscript not completed by Marx before his death in 1883; subsequently edited and published, by friend and collaborator Friedrich Engels, as the work of Marx: "Capital, Volume III" (1894); manuscript not completed by Marx before his death in 1883; subsequently edited and published, by friend and collaborator Friedrich Engels, as the work of Marx: "Capital, Volume IV" (1905–1910); critical history of theories of surplus value; manuscript written by Marx; partial edition edited and published,
Economic planning are impossible organizational forms for managing a modern industrial system. Joseph Schumpeter, an economist associated with both the Austrian school and the Institutional school of economics, argued that the changing nature of economic activity (specifically the increasing bureaucratization and specialization required in production and management) was the major cause for capitalism eventually evolving into socialism. The role of the businessman was increasingly bureaucratic, and specific functions within the firm required increasingly specialized knowledge, which could be supplied as easily by state functionaries in publicly-owned enterprises. In the first volume of "Das Kapital", Karl Marx identified the process of capital accumulation