What can the feminist movement contribute to the new economic models?

As feminism moves through the evolution of society towards equality and social justice, it also drenches areas parallel to it. One of these essential sectors is the economy. For years, interest has grown in feminist economics and its practical applications in the current economic system.

Before delving into what this new economic vision can bring, let us briefly define what it consists of. Feminist economics is the critical study of economics including methodology, etymology, history and empirical research, trying to overcome androcentric (patriarchal, masculine) bases.

It offers, therefore, an alternative view of the economy, starting with the question about what the economy is and what is its objective. Faced with the maximization of the benefits of capital or individual profit or economic growth or consumerism, proposes the construction of social welfare together with the respect and care of Mother Earth.

This vision reminds us that the center of society are the processes that sustain life, which are generally not remunerated and are carried out by women. These processes, called “care”, are often invisible and, as a consequence, are usually considered secondary although they really represent the basis of the superior organization of the social and economic system.

It puts the focus on the social constructions of traditional economy, questioning the positive and negative of both, and pretends to point out the way in which those models and methods are based on masculine preferences. Starting from the premise that the economy is traditionally focused on “traditionally and culturally masculine” issues; Feminist economics appeals to the inclusion of issues considered “feminine” such as the family economy, connections, care and emotions. These concepts lead us, in their practical application, to a new economy that takes into account the social welfare of their communities without the inequalities inherent in capitalism. 

NESI Global Forum, the international meeting of new economies to be held in Malaga from April 24 to 26, will not be unaware of all these changes and proposals and will include in its agenda some of the main proposals of economic feminism so that its assistants can identify , discuss and propose how they can help us design a better future for our communities. Among the essential points we highlight:

  1. Respect for the environment
  2. Cooperation in the face of competitiveness
  3. Caring for the community
  4. Sense of equality to those who impose their ideas
  5. Medium-long-term vision in the face of short-termism and mediate
  6. Sense of social justice
  7. To move with purpose towards the common good in front of the monetization of the benefit

Many academics including Ester Boserup, Marianne Ferber, Julie A. Nelson, Marilyn Waring, Nancy Folbre, Diane Elson and Ailsa McKay have helped develop the framework of feminist economics. Waring’s “If Women Counted” book, published in 1988, is often referred to as the “founding document” of the discipline.

It was at the beginning of the 1990s that the expression “feminist economics” became entrenched, especially with the creation of the International Association for Feminist Economics (IAFFE). Since then, feminist economics has spread in all directions, including Spain. The inclusion of these visions is helping to create policies that have reduced the discrimination of gender, race and eminence, satisfying central objectives of the economy. This vision is added to all those initiatives that consider that we must find alternatives, more ethical and sustainable, to the traditional capitalist economy.
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By |2019-03-08T16:28:47+02:00March 8th, 2019|Blog|0 Comments

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