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The existence of an ideological element in each science has caused some representatives of the sociology of knowledge to deny the objective validity … - Oskar Lange
" "The existence of an ideological element in each science has caused some representatives of the sociology of knowledge to deny the objective validity of scientific statements, particularly in the domain of the social sciences. Such a conclusion is unwarranted. The validity of scientific statements can be ascertained with impersonal objectivity through an appeal to facts. Predictions derived from scientific statements are or are not borne out under the test of verification. The outcome is entirely independent of human motivations, conscious or subconscious; it depends entirely on the correctness of the scientific procedure applied in establishing the statements.
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About Oskar Lange
Oskar Ryszard Lange (July 27, 1904 – October 2, 1965) was a Polish economist and diplomat. He was most known for advocating the use of market pricing tools in socialist systems and providing a model of market socialism.
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Oskar Ryszard Lange
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Oskar R. Lange
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Additional quotes by Oskar Lange
Our results may be summarised as follows:
(1) The superiority of Marxian economics in analysing Capitalism is not due to the economic concepts used by Marx (the labour theory of value), but to the exact specification of the institutional datum distinguishing Capitalism from the concept of an exchange economy in general.
(2) The specification of this institutional datum allows of the establishment of a theory of economic evolution from which a "necessary" trend of certain data in the capitalist system can be deduced.
(3) Jointly with the theory of historical materialism this theory of economic evolution accounts for the actual changes occurring in the capitalist system and forms a basis for anticipating the future.
If people want to anticipate the development of Capitalism over a long period a knowledge of Marx is a much more effective starting point than a knowledge of Wieser, Boehm-Bawerk, Pareto or even Marshall (though the last-named is in this respect much superior). But Marxian economics would be a poor basis for running a central bank or anticipating the effects of a change in the rate of discount.
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