The diverse economies approach

The approach to political economy outlined in this chapter is one that self-consciously places thinking in the service of making other worlds possible. The grounds of this Diverse Economies approach are squarely located in nineteenth- and twentieth-century Marxian and feminist theory, but its genealogy has been shaped by important epistemological and ontological ruptures within these traditions. For all of us interested in alternative theories of political economy, the famous Marxist adage that we seek to understand the world in order to change it remains a driving motivation. Yet, how we understand and what understanding produces is where our approach offers a distinctive stance, one that we characterise in this chapter as a political economy of possibility.