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
Underconsumption Mehring in his biography of Karl Marx, p. 404 of the 1935 Covici, Friede edition, tr. Edward Fitzgerald]. Marx argued that the primary source of capitalist crisis was not located in the realm of consumption, but rather, in production. In general, as Anwar Shaikh has argued, production creates the basis for consumption, because it puts purchasing power into the hands of workers and fellow capitalists. To produce anything requires the individual capitalist to buy machines (capital goods) and employ workers. In Volume III, Part III of Das Kapital, Marx presents a theory of crisis which is solidly grounded in the