ABSTRACT

The general impression is that marginalism and neoclassicism are in clear opposition to socialism and Marxism. In the first decades of the history of marginalism there were conflicts well known to economists in many countries – especially the German-speaking areas – which were characterized by the ‘Methodenstreit’ between the Austrian marginal school with Carl Menger and the Historical and ‘Kathedersozialistisch’ schools with Gustav Schmoller. 1