Influences on Karl Marx end to the French Second Republic and created the Second Empire which would last until the 1870 Franco-Prussian War. Marx thereby modified his theory of alienation exposed in the "Economic and Philosophical Manuscripts of 1844" and would latter arrive to his theory of commodity fetishism, exposed in the first chapter of the first book of "Das Kapital" (1867). This abandonment of the early theory of alienation would be amply discussed, several Marxist theorists, including Marxist humanists such as the Praxis School, would return to it. Others such as Althusser would claim that the epistemological break between the young Marx and
Karl Marx and the Close of His System labour value, he argues that the basic error in Marx's system resulted from a self-contradiction of Marx's law of value, namely how the rate of profit and the prices of production of the third volume of Marx's "Capital" contradict Marx's theory of value in the first volume. He maintains that since the law of value is not directly controlling in capitalist production, the theory of value must be abandoned. Bawerk also attacks Marx for downplaying the influence of supply and demand in determining permanent price, and for deliberate ambiguity with such concepts. "Karl Marx and the Close of His System"