At Clark University, the doctoral research of both Gibson and Graham was deeply influenced by
Marxian political economy, focusing on processes of economic and industrial restructuring in Australia and the US, respectively. Another strand which has emerged are ecological and more-than-human perspectives, as seen in the book
Manifesto for Living in the Anthropocene, co-edited by Katherine Gibson.
Capitalocentrism In 1996, Gibson-Graham popularized and furthered discussion on a concept called "capitalocentrism":This term refers to the dominant representation of all economic activities in terms of their relationship to capitalism—as the same as, the opposite to, a complement of, or contained within capitalism. Our attempts to destabilize the hegemony of capitalocentrism have included a number of theoretical strategies: 1) production of different representations of economic identity, and 2) development of different narratives of economic development. Their work focuses on moving beyond a "capitalocentric" viewpoint and recognizing the wide range of economic practices that co-exist, even in so-called "capitalist" or "socialist" economies. that will contribute to our understandings of possible economic structures. The "diverse economies iceberg" is a key visual tool used to represent this economic diversity. This work also related to the development of an anti-essentialist understanding of class, explored in two collections co-edited with Stephen Resnick and Richard Wolff,
Class and
Its Others and Re/presenting Class: Essays in Postmodern Marxism. This body of work treats class as a historically variable relation, not a fixed, homogeneous identity or subject position.
Community Economies Based on the insights from a diverse economies approach, Gibson-Graham elaborated a "politics of possibility" that explores alternatives to exploitative economic practices. These have been termed "community economies" and refer to sustainable and equitable forms of livelihood guided democratically by ethical coordinates. "Community" in this use transcends only human community, to incorporate all life forms, and "economy" refers to "the practices that allow us to survive and care for each other and the earth." Community economies are framed around a cluster of ethical concerns: • Survival: What do we really need to survive well, in balance with the well-being and needs of others and the planet? • Surplus: How do we distribute any surplus to enrich social and environmental health? • Transactions: How do we conduct ethical encounters with human and non-human others? • Consumption: How do we consume sustainably and justly? • Commons: What do we share with human and non-human others, and how do we maintain, replenish, and growth this commons? • Investment: What do we do with stored wealth? How do we invest this wealth so that future generations may live well? ==Significance==