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

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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.
Original languageEnglish
Pages (from-to)475-501
Number of pages26
JournalEuropean Journal of the History of Economic Thought
Issue number3
Publication statusPublished - Sept 2008


  • Ludwig von Mises
  • Otto Neurath
  • Socialism
  • Socialist calculation debate
  • Utopianism


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