Problem: The psychological effects of capitalism: Marxist literature in the 20th century focused on the psychological effects of capitalism, the internalization of commodity production and mass consumerism. Describe the concepts of fetishism of commodities, reification (Lucaks), and misrecognition (Bourdieu). Are there some contemporary examples? The educational system in contemporary societies: Marxist literature focused on institutions other than the economy as responsible for the reproduction of fixed class positions. One such institution was the educational system. Describe the argument made by Althusser, Bourdieu and Balibar and Wallerstein that the educational systems in modern nation states are the prime mechanism for perpetuating class distinctions and privilege. In your opinion, does this argument hold true in contemporary U.S. society? Give some examples. paragraph responses. Need Assignment Help?