by
Dawn Foster
22
Lehman Sisters
0
terms
2
notes
22
[...] The subtext--that women are by their nature more reserved, less risk-taking, more responsible--props up the idea that the problem wasn't the economic system, but purely the individuals pulling the levers responsible for plunging most of the globe into a long-reaching recession.
when really the risk of global financial crisis is inherent in any highly financialised world-system, which is itself the end state of neoliberalism
[...] The subtext--that women are by their nature more reserved, less risk-taking, more responsible--props up the idea that the problem wasn't the economic system, but purely the individuals pulling the levers responsible for plunging most of the globe into a long-reaching recession.
when really the risk of global financial crisis is inherent in any highly financialised world-system, which is itself the end state of neoliberalism
24
[...] a lot of women were still in high-ranking positions in US banks and government, and still failed to regulate risky and illegal behaviour, not because of their gender, but because of the accepted narrative that capitalism flourishes when it is unrestrained. The free market is all. There are not simply two cultures in each society: male and female. Class, race, education and social status, as well as gender, all combine to build individuals and have compete interests.
[...]
[...] The employment of some women didn't act like an air freshener, subtly sweetening the culture. Establishments don't tend to welcome outsiders if they aren't willing to play by the rules, and fit into existing structures.
makes you wonder, though: can you imagine a world in which finance is more female-dominated but still highly speculative and risky? the few women in the industry who aren't pushed out probably have to exhibit more masculine behaviours just so they can fit in. does that contribute to the problem? would more traditionally feminine behaviour avoid the worst issues, or just postpone them?
[...] a lot of women were still in high-ranking positions in US banks and government, and still failed to regulate risky and illegal behaviour, not because of their gender, but because of the accepted narrative that capitalism flourishes when it is unrestrained. The free market is all. There are not simply two cultures in each society: male and female. Class, race, education and social status, as well as gender, all combine to build individuals and have compete interests.
[...]
[...] The employment of some women didn't act like an air freshener, subtly sweetening the culture. Establishments don't tend to welcome outsiders if they aren't willing to play by the rules, and fit into existing structures.
makes you wonder, though: can you imagine a world in which finance is more female-dominated but still highly speculative and risky? the few women in the industry who aren't pushed out probably have to exhibit more masculine behaviours just so they can fit in. does that contribute to the problem? would more traditionally feminine behaviour avoid the worst issues, or just postpone them?