structural:scholar_edition, stylistic:tone, quality:correction, structural:summarization
Marginal Revolution and Marxism

Many scholars interpret the doctrines of marginalism and the Marginal Revolution as a response to Marxist economics. However, this view is somewhat flawed, as the first volume of Das Kapital was not published until July 1867, which was after the works of Jevons, Menger, and Walras had either been written or were under way (Walras published Éléments d'économie politique pure in 1874 and Carl Menger published Principles of Economics in 1871); Marx was still a relatively minor figure when these works were completed and it is unlikely that any of these economists knew anything about him. Some scholars, such as Friedrich Hayek and W. W. Bartley III, have suggested that Marx may have come across the works of one or more of these economists while reading at the British Museum. However, it is also possible that Marx's inability to formulate a viable critique may account for his failure to complete any further volumes of Kapital before his death.