Sunday, January 03, 2010

The most profitable gender


The economic empowerment of women across the rich world is one of the most remarkable revolutions of the past 50 years. ...[M]illions of people who were once dependent on men have taken control of their own economic fates.
Women earn substantially less than men on average and are severely under-represented at the top of organisations.

So the "economic fate" of women has passed through the hands of the husband into the hands of the boss -- who profits by explicitly discriminating on the basis of gender! Meanwhile, The Economist celebrates women as a rapidly growing portion of "the workforce," yet somehow fails to connect these trends.

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