Towards a different political economy: A dialogical reading

Date

1996

Author

Rojas de Ferro, Maria Cristina
Keyman, E. Fuat

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This paper argues that the making of the Third World through development discourses and practices has to be seen in relation to the larger history of Western modernity. An attempt to do so reveals the fact that in order to reconstruct the discourse of development in a way to create a dialogical relationship between the North and the South, there is a need to alter the "modernist" way of doing political economy. In other words, we argue that we need a different political economy that recognizes that there are different ways of interpreting reality, and that an understanding, a dialogue, among these different interpretations has to be established, if we are willing to resist the hierarchical "the West and the Rest" dichotomy. The paper proposes that to realize this aim, it is necessary to initiate a two-pronged attempt, that is, to problematize both the discourse of modernity and that of development. This allows us to create a point of departure for a different political economy, the epistemological, ontological and normative foundations of which, we suggest, may rest upon Michail Bakhtin's notion of "the contextually defined dialogue".

URI

https://hdl.handle.net/11511/109539

Collections

Department of Economics, Article