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
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"