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Calculation in kind and marketless socialism: On Otto Neurath's utopian economics

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  • Thomas Uebel

Abstract

Otto Neurath is notorious amongst economists for his plans for a socialist economy with calculation in kind in place of a market. This paper considers the common criticism of “utopianism” from an immanent point of view. To do so, it will first be established in what Neurath recognized a negative sense of utopianism that was opposed to his own self-confessed “scientific utopianism”. Then it will be considered in what respect, if any, Neurath's stance in the socialist calculation debate can be shown to be objectionably utopian in this sense by the counter-arguments put forward by Ludwig von Mises.

Suggested Citation

  • Thomas Uebel, 2008. "Calculation in kind and marketless socialism: On Otto Neurath's utopian economics," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 15(3), pages 475-501.
  • Handle: RePEc:taf:eujhet:v:15:y:2008:i:3:p:475-501
    DOI: 10.1080/09672560802252354
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    Cited by:

    1. John F. Henry, 2018. "Reflections on the New Deal: The Vested Interests, Limits to Reform, and the Meaning of Liberal Democracy," Economics Working Paper Archive wp_905, Levy Economics Institute.

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