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- Calculation_in_kind abstract "Calculation in kind or calculation in natura is a form of resource valuation and method of accounting based on disaggregated physical magnitudes and quantities as opposed to a common unit of calculation. Calculation in kind is often described as the method of accounting and form of calculation that will supersede money and financial calculation in a socialist economy.As a replacement for financial calculation, calculation in kind would embody more accurate information about a particular resource/objects value than valuation in terms of money by dispensing with the exchange value inherent to all commodities in money-based economies so that only an object's use value would remain as the basis for economic accounting. Under such a system, an object would only be desired for its utility without being subject to the distortions of financial calculation - for example, an object would not be desired only for the sake of resale and speculative purposes.Calculation in kind is advocated as a method of direct quantification of the utility of a given object or resource that dispenses with any general unit of calculation. It is therefore juxtaposed with other proposed methods of socialist calculation, such as the use of simultaneous equations, Taylor-Lange accounting prices, and the use of labor time as a measure of cost.Calculation in kind was strongly advocated by the positivist philosopher and political economist Otto Neurath in the early 1920s, when much of the discussion about socialism centered around whether or not economic planning should be conducted in physical quantities or using monetary accounting. Otto Neurath was the most forceful advocate of physical planning (economic planning conducted using calculation-in-kind) in contrast to market socialist neoclassical economists who advocated the use of notional prices computed through solving simultaneous equations. Austrian school critics of socialism, particularly Ludwig von Mises, based his critique of socialist calculation on the conception of socialism as a moneyless system with no general unit of calculation.".
- Calculation_in_kind wikiPageExternalLink seci45.
- Calculation_in_kind wikiPageExternalLink the-alternative-to-capitalism.
- Calculation_in_kind wikiPageID "27950881".
- Calculation_in_kind wikiPageRevisionID "604155815".
- Calculation_in_kind hasPhotoCollection Calculation_in_kind.
- Calculation_in_kind subject Category:Economic_planning.
- Calculation_in_kind subject Category:Economic_systems.
- Calculation_in_kind subject Category:Economics.
- Calculation_in_kind subject Category:Heterodox_economics.
- Calculation_in_kind subject Category:Socialism.
- Calculation_in_kind subject Category:Value_theory.
- Calculation_in_kind comment "Calculation in kind or calculation in natura is a form of resource valuation and method of accounting based on disaggregated physical magnitudes and quantities as opposed to a common unit of calculation.".
- Calculation_in_kind label "Calculation in kind".
- Calculation_in_kind sameAs m.0ch1pp1.
- Calculation_in_kind sameAs Q5018881.
- Calculation_in_kind sameAs Q5018881.
- Calculation_in_kind wasDerivedFrom Calculation_in_kind?oldid=604155815.
- Calculation_in_kind isPrimaryTopicOf Calculation_in_kind.