Giving and social transformation

Giving plays an important role in the contemporary economy, but this has been obscured by the perspectives of both mainstream economics and Marxist political economy. This paper draws on the work of J.K. Gibson-Graham to argue that this stunts our imagination about alternative futures, and on the work of Erik Olin Wright to suggest that gift-oriented economic practices could play a significant part in such futures. The most promising alternative economic futures involve not the replacement of a monolithic capitalism with some other monolithic alternative, but rather a changing mix of already-diverse economic practices. One part of the Marxist tradition that stands in the way of such thinking is its employment of the concept of modes of production, and the paper proposes complexes of appropriative practices as an alternative or supplementary concept.