By contrast, in money-based economies, commodities are produced for their exchange value and accounted in monetary terms.
This differs from other proposed methods of socialist calculation, such as Taylor-Lange accounting prices, and the use of labor time as a measure of cost.
[1] Calculation in kind was strongly advocated by the positivist philosopher and political economist Otto Neurath when employed by the Bavarian Soviet Republic.
[3] The most prolific modern proponent of calculation in kind is the Scottish computer scientist Paul Cockshott who differs from Neurath in that he advocates the use of labour vouchers to set a scalar restraint on consumption.
Proponents of in-kind calculation argue that the use of a common medium like money distorts information about the utility of an object.