Austrian Marxism uniquely fused Machian positivism with socialist economics

Evidence

As a matter of fact, Austrian Marxism itself was unique in drawing heavily on the ideas of Ernst Mach as it blended socialist economics with a positivist philosophy of science in the hope of attaining a truly scientific socialism. A rare fluidity existed, then, between the new discoveries of the physical sciences, their impact upon philosophical debates, and their translation into economic theories or social reforms. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 58

Categorization

  • XREF: Fractures the caricature that sees positivism as exclusively the enemy of socialism — here Machian positivism powered a scientific Marxism that Mises then rebutted, deepening the reader’s map of the actual intellectual landscape.