A Gender Revolution in Economics
MOTHERS changing the conversation @ www.MothersOughtToHaveEqualRights.org
Last week I saw a column in Market Watch written by Paul Farrell, about impending changes in access to wealth and power. It's a fascinating theory and I've been preoccupied by it for a week. What do you think?
Capitalism is moving closer to a final meltdown - a catastrophe much worse than the shaking of markets and sinking of economies we've just seen around the globe. The "old boys' club" that runs the world (given that business, finance, and government are all disproportionately male) will drive us all into the ground. Trying desperately to hold onto power, and blinded by short-term thinking, competition for resources and profits will escalate to unbearable heights. The planet will be plundered, and unsustaineable risk pursued beyond the breaking point. Rather than find ways to share power and distribute wealth more broadly, the titans will take us all down to disaster.
In the past 50 years, women have caught up and surpassed men in education, training, and experience. With greater long-range vision, women are poised to assume leadership roles in the management and distribution of natural, human and economic resources. They know how to gather, cope, collaborate, preserve and protect. With institutions in shambles and the natural world decimated, no enterprise will succeed without women. Collective decision-making will improve, as women meet and then pass the magic 30% benchmark for effective inclusion. Global exponential population growth will exert tremendous pressure on the United States. Men continuing to act alone and hoard assets will run out of time.
Does it all sound too far-fetched? I'm not sure. The men in government did just bail out the men in business and they have rewarded themselves handsomely. The people who put up the cash are still waiting to see some appreciation and will be less inclined to be scared into emptying their pockets next time. Read Mr. Farrell's piece, 8 Rules for Our New Gender-Based Economy, and tell me what you think.
'til next time,
Your (Wo)Man in Washington
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