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This paper uses articles by Manisha Desai and Miranda Joseph as a jumping-off point ...... More...
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Paper Abstract: This paper uses articles by Manisha Desai and Miranda Joseph as a jumping-off point for a critical thinking response, examining how women are disenfranchised financially even though they have been shown to be better money managers.
Paper Introduction: Response to Desai and Joseph Manisha Desai\'s essay Transnational Solidarity and Miranda Joseph\'sessay Not for Profit both deal with aspects of how the global economyand its shifts and lagging growth have affected women Desai pointsout for example that percent of women work in the less visibleinformal sector where they prepare products for sale in the market domestic service and work in their homes to produce goods forsubcontractors often assuming responsibility for sick or elderly familymembers as additional unpaid work Nevertheless as Joseph
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This perceptionhas been generally accepted within societies to the point where most womenin most societies are paid less than men, placed in responsible positionsless often than men, and regarded as less capable than men. Thus, thesubjugation of women in financial matters is in no sense reasonable orlogical; it comes from emotional and cultural responses that actuallymitigate against the family's prosperity and welfare rather than bolsteringthem, as should be the case. 2 2.Joseph, Miranda. Interestingly, since women are the better financial managers asevidenced by the experience of Grameen Bank, it would logically make moresense to put women in positions where they could earn more money and holdgreater financial responsibility, but this is rarely the case. The effects of this disenfranchisement on women have been longstandingand deleterious. Although women have proven themselves excellent managers,analysts, and other types of professionals, they are rarely permitted tofill such positions. Desai (19) pointsout, for example, that "71 percent of women work in the less visibleinformal sector where they prepare products for sale in the market,domestic service, and work in their homes to produce goods forsubcontractors," often assuming responsibility for sick or elderly familymembers as additional unpaid work. The prevalence of sex discrimination in business suggests thatmen fear that once women are in charge, men will lose power as women gainpower. Ifthis perception is extended to women's other talents, which are numerous,the balance could shift in gender discrimination, and women could taketheir rightful place as equals with men in many areas, and better than menin some. They have consequently viewed themselves as inferior,incapable, and unsuited to all but the lower-level work. Inaddition, if more money must be obtained for living expenses, women go towork at menial jobs, cleaning houses or working in factories for apittance, expending far more labor for far less pay than the men. Voluntary Associations and the Willing Subject." Against the Romance of Community. Even if that state of affairs did ensue and resulted in a bettereconomy for all, it would be a situation that men could not tolerate.Their need to be the head of the household at home and the head of theirbusiness at work, with woman there only as subordinates, overrides reason,logic, and financial well-being. In place of hiring nannies, in-home health careworkers, housecleaners, gardeners, and other help, the women of thehousehold merely take on all the work themselves. Most likely it is due to men's fears of allowing women theirfreedom. Women are the preferred borrowers, notesJoseph (99), because "they are more likely to repay; they are more needyand thus worthy; and they use the loans better." These two perspectivesunderscore a curious paradox; although women are far better financialmanagers and do more to improve a nation's economy, they are oftenrelegated to working unpaid in the home, where their effect on the economyis negligible. It customarily devolvesupon the women to do anything that the family cannot afford to pay for. Nevertheless, as Joseph (99) explains,women are the most important to the success of Third World economies, asevidenced by the immensely successful Grameen Bank, which providesmicrocredit primarily to women. 2 2. What are the real reasons that women are insubjugated positions, unpaid and with little access to responsiblepositions? Works CitedDesai, Manisha. In many cases, women have been excluded from family finances to the pointwhere they do not even know how much money the family has until the husbanddies and they must take over the reins of the family's financial system.Now that the lagging economy is exerting increased pressure on families,many services that might be hired out are simply transferred to thefamilies' women members. "Not for Profit? The findings at Grameen Bank are pivotal, even though they areconcerned with Third World peasant women. By extension, women everywherecan be considered financially prudent, responsible, and accomplished. Response to Desai and Joseph Manisha Desai's essay "Transnational Solidarity" and Miranda Joseph'sessay "Not for Profit?" both deal with aspects of how the global economyand its shifts and lagging growth have affected women. Women have historically been the stay-at-homecaretakers while the men have gone out into the world and earned the money. "Transnational Solidarity: Women's Agency, Structural Adjustment, and Globalization." Women's Activism and Globalization. The unpaid status of women for their considerable labor is no doubtdue to the centuries of similar roles for women throughout history in manycountries of the world.
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