A Critical Rewriting of Global Political Economy: by V. Spi Peterson

By V. Spi Peterson

Relocating past a slender definition of economics, this pioneering booklet advances our wisdom of worldwide political economic system and the way we'd severely reply to it.V. Spike Peterson basically indicates how key positive factors of the worldwide economic system more and more be sure daily lives around the globe. the 1st is explosive development in monetary markets that form enterprise decision-making and public policy-making, and the second one is dramatic progress in casual and versatile paintings preparations that form income-generation and relations health. those advancements, even though well known, are not often analyzed as inextricable and interacting dimensions of globalization. utilizing a brand new theoretical version, Peterson demonstrates the interdependence of reproductive, efficient and digital economies and analyzes inequalities of race, gender, category and kingdom as structural positive aspects of neoliberal globalization. featuring a methodologically plural, cross-disciplinary and well-documented account of globalization, the writer integrates marginalized and disparate beneficial properties of globalization to supply an available narrative from a postcolonial feminist vantage aspect.

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Additional info for A Critical Rewriting of Global Political Economy: Integrating Reproductive, Productive and Virtual Economies (Routledge Ripe Studies in Global Political Economy)

Sample text

This too is an effect of substantive foci (ideas, art, language, history) but is also due to the predominance of interpretive, historical, and postmodernist orientations in these disciplines. In one sense, then, disciplinary blinders within the social sciences impede more adequate – and arguably, more relevant – analyses of global phenomena that are inextricably political and economic. In a second and related sense, disciplinary and epistemological divisions between the social sciences and the humanities obstruct analyses of globalization as inextricably economic and cultural.

What I foreground is how power relations operate in the global economy given that the variety of masculinities and all femininities are subordinated to hegemonic masculinity. Chapter summaries Chapter 2, “Theory matters,” clarifies and defends critical analytical claims made in the present chapter. It considers how disciplinary, epistemological, and ideological commitments engender a “divided terrain of globalization studies” and reviews existing theories of the global political economy. This includes mainstream and heterodox international political economy (IPE)/global political economy (GPE), feminist economics, postcolonial studies, and feminist social theory, including how epistemological and ontological commitments shape various orientations.

Systems of meaning then produce power relations by producing codes – “grids of intelligibility” – that govern thought, communication, knowledge, and hence actions and their power-laden effects. Attention to symbols and culture throughout the book and inclusion of the virtual economy confirm that an interpretive orientation is essential for understanding the material and conceptual in relation. Similarly, I understand gender not merely as an empirical category of male– female sex difference but an analytical category, indeed a governing code.

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