Das Kapital class struggle rooted in the capitalist social relations of production. The first of three volumes of "Das Kapital. Kritik der politischen Ökonomie" ("Capital. Critique of Political Economy") was published on 14 September 1867, dedicated to Wilhelm Wolff and was the sole volume published in Marx’s lifetime. "Capital, Volume II", subtitled "The Process of Circulation of Capital", was prepared by Engels from notes left by Marx and published in 1885. It is divided into three parts: "The Metamorphoses of Capital and Their Circuits", "The Turnover of Capital" and "The Reproduction and Circulation of the Aggregate Social Capital". In "Volume II", the
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