Questions of conceptualization are questions of power. (Mies 1998, p. 36) PROBLEMATIC PREMISES How is feminist International Political Economy (IPE) affected by the conceptualizations and power relations pervading conventional approaches to IPE? This is the question I explore in this chapter, and do so with two entwined objectives: to survey how 'problematic premises'-of positivism, modernism and masculinism-underpin and constrain dominant modes of theorizing IPE; and to consider how these premises shape interpretations of, responses to, debates within, and the current theory/practice of feminist IPE. To further contextualize this exploration, I indicate key starting points framing the chapter. First, I assume a critical orientation toward (neoliberal) capitalism understood as inextricably socio-cultural, economic and political processes, operating worldwide across 'levels of analysis' and promoting a polarization of rich-poor (within and between states/nations) and attendant, systemic harms. Second, my critical orientation toward capitalism is part of a more encompassing critique being developed primarily by feminists engaged in critical analyses of intersectionality. 1 Zillah Eisenstein (1998) contends that key structural hierarchies-of class, national 'difference,' ethnicity/race and gender/sexuality-constitute 'capitalist racist patriarchy' on a global scale. The theory/practice of capitalist racist patriarchy (henceforth, CRP) is the target of this larger critique, which follows from additional starting points: that feminist theory/ practice seeks not only to 'empower women' but to advance critical analysis and transformation of multiple, intersecting structural hierarchies, and that this entails not only a critique of 'patriarchy' but also a critical interrogation of its interaction witharguably co-constitution of-capitalism and racism. 2 This larger critique requires attention to the problematic premises of positivism, modernism and masculinism (henceforth, PMM) as well as their interactive effects. The chapter first briefly clarifies some key terms and organizational framing, then surveys how PMM commitments variously appear in orthodox International Relations (IR) and Economics and in both orthodox and heterodox IPE. This survey reveals these premises operating as both impediments to transformative critiques of CRP and as resistances to feminist IPE. I argue that while these conceptualizations operate differently in different discourses, the interaction of them typically obstructs historical,