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

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.