Young Marx on Feuerbach" (1845). Furthermore, other important shifts in Marx's thought have been highlighted (e.g. Étienne Balibar), in particular following the failure of the 1848 revolutions, in particular in France with Louis-Napoleon Bonaparte's December 2, 1851 coup d'état and then after the crush of the 1871 Paris Commune. This would lead him to substitute in the first chapter of "Das Kapital" (1867) his theory of commodity fetishism for the theory of alienation expounded in the "1844 Manuscripts". Young Marx Some theorists consider Karl Marx's thought to be divided into a "young" period and a "mature" one. There is disagreement to when
Circular flow of income economics, economic reproduction refers to recurrent (or cyclical) processes by which the initial conditions necessary for economic activity to occur are constantly re-created. Economic reproduction involves the physical "production" and "distribution" of goods and services, the "trade" (the circulation via exchanges and transactions) of goods and services, and the "consumption" of goods and services (both productive or intermediate consumption and final consumption). Karl Marx developed the original insights of Quesnay to model the circulation of capital, money, and commodities in the second volume of "Das Kapital" to show how the reproduction process that must occur in any type of society