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Explores the prospects for constructing a feminist contractarian moral theory. Argues that the social contractarianism championed by John Rawls and feminized by Susan Okin is unlikely to succeed in offering feminists an alternative theory of justice which can compete with utilitarianism. However, an appropriately modified economic contractarianism, such as that championed by David Gauthier, offers more promise for producing a successful liberal feminist theory of justice. Holds that a feminist ethic of care based on an economic contractarian model must move from an exclusive concern with game‐theoretic bargaining to solve prisoners’ dilemma problems to a bargaining game which also deals with the assurance problem. Offers speculation of how such a theory could be rigorously developed.

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