Womenonics Revisited
“Men run the world’s economies; but it may be up to women to rescue them.”
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April 25th, 2007
This paper deals with woman and the workforce. The main idea of this paper is to show how much it is affecting our economy. This paper is organized from introduction to the gender gap which will show percentages from across the globe to which it will talk about sex discrimination and the best-paid male and female executives. At the end a short conclusion is provided and my sources where most the numbers and percentages have come from . The paper mainly relied on an article from “The Economist” called “Womenonics Revisited“.
For the past fifty to sixty years or so woman have been entering the workforce but men are still getting the best paid-jobs in this day and age, such as CEO, Doctor, and President/Prime Minister. Men are running the boardrooms and yet woman are putting the effort into running a household while not being paid, performing such tasks such as cleaning, taking care of her husband and children, and preparing meals. The one big change is that there are more woman attending university, learning the skills that men have been learning for a lot longer, such as engineering and medicine.
In 2005 Eugene M. Isenberg was the top paid man. He is a Chairman of the board and CEO for Narbors Industries (on shore and off shore drilling, well servicing, and work over contractor). He was paid $71.4 million. In 2005 Safra Catz was the top paid woman. She is CEO of Oracle (largest enterprise software company). She was paid $26.1 million. As you can see there is a large gap between both parties.
Sex discrimination is costing the region between $42 Billion - $47 Billion a year by limiting women’s job opportunities. # All across the world this is happening. In Sweden around seventy percent of the females whom are between the ages of 15 - 64 are working, in Spain the gender gap is around twenty-eight percent, Italy twenty-five percent, Great Britain and Germany twelve percent, France eleven percent, and Denmark nine percent. These male minus female employment percentages are from 2005.
The percentage of female scientists has stayed low. In 2004 twenty-three percent of them enrolled in a science and engineering doctoral programs. This number has gone up from 1995 when it was fifteen percent.
Most woman if given the chance would chose to work part-time rather than full-time, or sometimes even go back to school to enrich their studies. If you are married the choice is slightly wider in the sense that you still would most probably still have a full-time paycheck coming in. Many women would like to work, or work more if they could afford day cares. Day cares are really holding women back from achieving their goals.
When there has been a gap between both male and female employment rate is low, women tend to have more children. Women have had to choose between children and a career for a long time, but if their income is low it seems that people want to have children and when the income is high their main thought is their career and making that part of their life successful.
“Men run the world’s economies; but it may be up to women to rescue them.# “
Slowly but surely this statement is becoming factual. Women are slowly showing up more and more in boardrooms, in politics, and in other high paying and high in positions / careers. It’s only a matter of time before women are made as equals, not just “baby machines“ who are to stay home and like the 50‘s housewife.
A great movie that portrays the “perfect” life is The Stepford Wives#. It’s the 1950’s style in a more modern time. They are all shown that the perfect woman is to stay home clean, cook, shop, and be the picture perfect family where the wife doesn’t work and doesn’t care about politics or anything. This is not our society it hasn’t been for many years. That society left us many years ago and we are evolving and becoming equals.
In conclusion men do run the world and the economy, for now. Although one day in the future this might all change and women will be in charge. That will be a time for a female Prime Minister and a female President. Yes, now might not be the time for it just yet but one day the world will be ready economically for this change. Slowly this planet is changing, it just needs a little help to get it on its way.
~ Bibliography ~
1- Writer unknown, Womenomics revisited, The Economist (Apr 19th 2007)
http://economist.com/finance/printerfriendly.cfm?story_id=9038760
2- Jessica Seid, 10 Best-paid Executives: They’re All Men, CNNMoney.com, (October 10 2006)
http://money.cnn.com/2006/10/03/news/newsmakers/mpwpay/index.htm
3- Dennis Normile, Getting Women Scientists Back on the Career Track in Japan, sciencecareers.org, (10 March 2006)
http://sciencecareers.sciencemag.org/career_development/previous_issues/articles/2006_03_10/getting_women_scientists_back_on_the_career_track_in_japan/(parent)/12096
4- IMDB (The Internet Movie Database), The Stepford Wives
http://imdb.com/title/tt0327162/
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