Socialism: Utopian and Scientific of thousands of copies. Throughout the decade of the 1860s, Karl Marx, close personal friend and political associate of Friedrich Engels, dedicated himself to the study of economics, culminating in the publication of the first volume of "Das Kapital" in 1867. Marx's lengthy and ponderous volume was extremely difficult for the average to penetrate, however, leading Engels to suggest to Marx in a letter of September 16, 1868 that a short popularized version of "Das Kapital" for a working class audience was urgently needed. "If it is not written, some Moses or other will come along and do it and
Karl Marx and the Close of His System Karl Marx and the Close of His System Karl Marx and the Close of His System () is a critique of Karl Marx's economic theories by the Austrian economist Eugen Böhm von Bawerk, published in English translation in 1898. Böhm von Bawerk's work first appeared in 1896, in "Staatswissenschaftliche Arbeitern: Festgaben für Karl Knies", a collection of essays in honor of the German economist Karl Knies. It was published as a separate work later in 1896, and appeared in Russian translation in 1897 and in English translation in 1898. Bawerk provides a critique of Marx's "Capital". Examining Marx's theory of