Category: Money & Jobs

In Traditional Economics, a Few Men Get Rich Quick and Easy—It’s Past Time for *Feminist* Economics

“The combination of the words ‘feminist’ and ‘economics’ was … laughable,” said Amherst professor and economist Nancy Folbre, now 70, reflecting in a video interview about the 1992 creation of the International Association for Feminist Economics (IAFFE). That combo is now gaining cred, thanks to the formidable work of Folbre and the bold individuals of IAFFE. 

“People don’t realize they can choose differently. We all believe in democracy. So why not democracy for the economic system?” asked Dr. Caroline Shenaz Hossein, associate professor of global development at the University of Toronto Scarborough.

The Dark Money Fight Against Abortion Access: A Year in Review

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Dark money groups, far from standing down after they succeeded in abolishing Americans’ constitutional right to decide if and when to have children, have ramped up their efforts to further limit reproductive rights since the right-wing faction on the Supreme Court overturned Roe v. Wade a year ago.

Behind this attack on our rights is a web of groups funded by ultra-rich donors and coordinated by far-right lawyer and longtime Federalist Society leader Leonard Leo.

Who Was Dealt Out of the Debt Ceiling Deal?

On June 3, President Biden signed the Fiscal Responsibility Act of 2023 (FRA) into law, allowing Americans to breathe a sigh of relief that we managed to avoid a catastrophic economic situation. But to agree to this compromise, House Speaker Kevin McCarthy (R-Calif.) insisted on several detrimental and dangerous changes to anti-poverty programs like the Supplemental Nutrition Assistance Program and the Temporary Assistance for Needy Families.

Plain and simple, these changes will increase hunger and hardship among the most vulnerable Americans. As usual, their impact will be felt most acutely by women, particularly women of color. The debt ceiling bill was far from perfect, and the fight for justice is far from over.

What’s on the Horizon for Working Women?

One year ago this week, I was elected as the first woman to lead the AFL-CIO, America’s largest labor federation—consisting of 12.5 million workers across 60 unions.

The past 12 months have been nothing short of historic in how workers—from nurses in New York, to teachers in Minnesota, to warehouse workers at Amazon, to baristas at Starbucks—have risen up and seized our collective power. As working people continue to push for more, I’ll be focused on how we can continue to build a bold, inclusive and modern movement, empower working women through unions and unleash a wave of grassroots organizing that will put all working people on the path to a better life. And gender equity is essential to the future of our movement. 

The Best Present for Minnesota Mothers: Paid Family Leave

In April 2020, my daughter was diagnosed with cancer. Caring for my medically complex daughter was one of the hardest things I have ever done. 

I am thrilled that my home state of Minnesota just approved paid family and medical leave—joining 11 other states and the District of Columbia in offering this program. Signed into law on Thursday by Gov. Tim Walz (D), Minnesota’s new plan recognizes the incredible labor that family caregivers—the vast majority of whom are women—put into caring for their loved ones, often at financial, physical and emotional cost to themselves.

The next step is for Congress to pass federal paid leave and expand access to FMLA.

What Would It Look Like if the Workplace Was Built for Women?

The number of women leading Australia’s largest companies has risen from a dismal 5 percent in 2020 to 30 percent today. Even still, the country’s working women still face many challenges. There is a gender pay gap (13 percent), and a lack of support for childcare and other family support systems, including paid parental leave. These are the same challenges that women face in the U.S. despite study after study recognizing these barriers to gender equity in business.

Two steps forward for Australia is good news. But so many more steps forward are needed for equal representation and economic equity, and for families, communities, companies and countries everywhere to truly thrive.

Women Workers Can Help Rebuild the U.S. Economy—If We Can Solve Their Care Challenges

The United States has significantly fewer supports for caregivers than our peer countries. We lack paid family leave and public childcare. Our long-term care infrastructure is a mix of private and public, means-tested programs. Persistent low wages across the care industries have ensured that supply is unstable and insufficient.

If the U.S. is serious about bringing women into the workforce permanently, we need a robust suite of care policies—including fully public childcare, reentry programs for women who have taken time out of the workforce for childcare, and more robust long-term care options.

Iran’s Latest Hijab War on Women Goes After Businesses

In the post-Woman, Life, Freedom movement, women are scrapping their headscarves in growing numbers and appearing in public without the compulsory hijab. The government has not reinstated the morality police to go after the women but has instead conjured up new ways of enforcing the hijab with economic repercussions.

The measures include shutting down venues and businesses that cater to women who don’t wear a headscarf and conditioning public services on women complying with the mandate. Having learned from the failed experience of the morality police that spurred the outburst of anger engulfing the entire country last year, the government is minimizing its direct contact with women in the new round of its cultural war. It is outsourcing the policing role to business owners and public service providers.