It’s Time We All Saw Ourselves in Black Women

When speaking about the critical need to center Black women’s joy and liberation in our quest to build a truly inclusive economy, I often get the inevitable question from a non-Black person of color: “But what about my people? Aren’t you being exclusionary?”

It reminds me time and time again how white supremacy has hardwired us to believe that Black people are different from the rest of us, further driving the false narrative that our struggles are not connected. We must learn to see ourselves in Black women and connect our liberation to theirs.

Keeping Score: Abortion Bans Drive Away Young Workers; Far-Right Groups Mobilize to Suppress Voting Rights; Biden Has Confirmed 200+ Judges

In every issue of Ms., we track research on our progress in the fight for equality, catalogue can’t-miss quotes from feminist voices and keep tabs on the feminist movement’s many milestones. We’re Keeping Score online, too—in this biweekly roundup.

This week: Young workers are avoiding states with abortion bans; 70 percent of likely voters support a ceasefire in Gaza; far-right groups are mobilizing to spread election conspiracies; potential new abortion restrictions in Louisiana; an update on Flint, Michigan; over 80 percent of men of color support abortion; Justice Samuel Alito is under fire for flying a “Stop the Steal” symbol; the Louisiana state legislature rejects a bill that would have allowed rape and incest victims aged 16 and younger to have an abortion and moves to add abortion pills to the list of controlled dangerous substances; and more.

The Quest for Perfection Is Stunting Women’s Academic Potential

In the latest study on gender and perfectionism by the National Institutes of Health (NIH), the majority of women in the surveyed group were perfectionists. And Harvard economics professor Claudia Goldin conducted a study that found female students responded more negatively to imperfect grades than male students.

“It seems like the strongest social pressure affecting college-educated, professional women today isn’t that they’re afraid to succeed; it’s that they’re afraid not to,” wrote Amanda Hess, critic and regular contributor to
The New York Times

Women’s Rights Are Essential to Democracy. Why Do Philanthropists Treat Investments in Women as a Special Interest?

This essay is part of a Women & Democracy package focused on who’s funding the women and LGBTQ people on the frontlines of democracy. We’re manifesting a new era for philanthropy—one that centers feminism. The need is real: Funding for women and girls amounts to less than 2 percent of all philanthropic giving; for women of color, it’s less than 1 percent. Explore the “Feminist Philanthropy Is Essential to Democracy” collection.

In the last two months, the Supreme Court heard two case to limit nationwide access to abortion care. The chaotic state of play for abortion rights in the United States illustrates the consequences of failing to integrate efforts to strengthen democracy into strategies for advancing gender equity and vice versa.

For philanthropic leaders, the twin goals of strengthening democracy and advancing gender equity presents a compelling case for simultaneous investment. Divorcing gender justice from democracy is inconsistent ideologically, and it’s also irrational and unnecessarily expensive. To separate them is to delay success and pay for it many times over. 

How Derivatives Blew Up Our Economy—And Just Might Again

You’ve probably heard of derivatives. In 2021, they were reportedly worth $600 trillion in face value. Some critics say it was only $12.4 trillion if you count only the money “netted.” By comparison, the entire U.S. national budget in 2021 totaled $6.8 trillion.

“Derivative” as an adjective means to be hackneyed and stale or even plagiarized or stolen. So how can a small group of Wall Street banks, hedge funds, private equity and investment firms make trillions selling and trading in derivatives, and not necessarily the stuff they’re derived from? What are they exactly?

For Families That Need the Most Help, Childcare Costs Are About to Drop

At the end of February, President Joe Biden’s administration announced it was going to require every state to cap its co-payments so that families that receive subsidies pay no more than 7 percent of their income towards childcare. 

This important move addresses the acute need among the lowest-income families, most of whom are families of color. With the change, more than 100,000 families are expected to save about $200 a month on average, according to the White House. The change could also encourage more providers to participate in the subsidy program because they know they’ll be paid consistently for serving low-income students in the same way they are for other children. The new rule is effective April 30. Some states will be able to make the changes quickly; others will need approval from their legislatures. All will need to be in compliance by 2026. 

Which Political Party Is Budgeting for Women’s Futures?

For too many—especially women of color—paychecks aren’t keeping up. Inflation is inching downward, but costs for groceries, childcare and rent feel out of reach.

But congressional fights over taxes and spending are really about fundamental questions: What do women, our families and communities need? What kind of future do we want to build? Recent budget proposals by the Biden administration and Republicans in Congress show how our two major political parties answer those questions. The answers were starkly different, revealing high stakes when it comes to women’s ability to participate in the economy, care for their families and control their own reproductive lives.