Economics Through the Lens of Women – A Review of Giandomenica Becchio鈥檚 A History of Feminist and Gender Economics

There is a long-standing debate on how economics as a subject is gender blind giving rise to various branches within the subject that seek to address 鈥榯he woman question鈥 (as early feminism has been labeled) within the discipline. Giandomenica Becchio鈥檚 book A History of Feminist and Gender Economics is not merely an attempt to understand the history of economics and how the various dimensions of 鈥榯he woman question鈥 have entered the discipline of economics over the years. The book also explores the work of women economists who mostly remained unheard in the discipline, the women who struggled to enter into the academic realm and the debates within these economists about addressing 鈥榯he woman question鈥.

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Social Reproduction and Production in Capitalist Society: A Comprehensive Relational Approach

Although social reproductive work has historically been associated with women in different modes of production, with the spatial separation of reproduction from production in industrial capitalist society, women were further associated with the domestic sphere and reproductive work. The burden of reproductive work on women has increased even more in the last four decades as a result of neoliberal policies. Neoliberalism, which is characterised by the increasing privatisation of social reproduction and worsening labour conditions, has forced more women to accept low-paying, informal jobs while at the same time performing an increased amount of reproductive work in their families due to significant cuts in social welfare provisions.

Today, the COVID-19 pandemic has once again shown the great importance of social reproduction to international and national political economies, and the destructive effects of neoliberalism on lives on a global level. Thus, in both the academic and political arenas, we need once again to underline the centrality of social reproduction and women鈥檚 unpaid reproductive labour to society and capitalist production.

In my , I suggest a methodological-analytical approach to understand the relations of production and social reproduction: a comprehensive and relational approach that locates these social relations in their historical and geographical context and within the everyday.

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Does India鈥檚 Gender Budget Need a Rethink?

India was a pioneering country when it as part of its annual Financial Year Budget. Gender Budgeting (GB) highlights the inherently different experiences in receiving financial and welfare support from the state due to their differing needs, priorities and access and serves to ameliorate the barriers to economic inclusion faced by women through a plethora of state financing. 

India鈥檚 Gender Budget Statement (GBS) has been released in. Each ministry highlights allocations that are – women specific allocations where 100% of the budget for a specific scheme is assigned to women and a 鈥榩ro-women鈥檚鈥 allocation, where at least 30% of the budget for a specific scheme has been assigned to women to enhance affirmative action.

Figure 1: Proportion of women鈥檚 allocation in India鈥檚 Gender Budget

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Sub-Saharan countries are taking on more debt, and women will bear the brunt of repaying it

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By Matthew Barlow,听 and

By May 2020, every African nation had registered cases of COVID-19. By late July, cases had . A key factor in Africa鈥檚 struggle to mount a response to the pandemic (although not the only one) is that years of debt servicing have eroded states鈥 capacities to build strong health systems.

Research on crisis and pandemics in different parts of the world, particularly in sub-Saharan Africa (SSA), shows that countries will respond to COVID-19 in two phases 鈥 the fiscal expansion phase, which involves a series of stimulus packages, and the fiscal contraction phase, which is characterised by austerity. In the case of COVID-19, these phases will require significant levels of financing. In a region with predominantly , debt and donor aid have become an alternative way for governments to finance state obligations. Currently is below the 60% (danger) threshold, which is way below the crisis levels of the 1980s and 1990s.

However, due to low credit ratings translating into poor interest rates. By 2018, 18 SSA countries were at of debt distress and governments made austerity cuts to public services to service their debt obligations. In 2018, 46 low-income countries 鈥 most of which are in SSA鈥 were spending more on debt servicing than on healthcare. Annually, SSA countries were spending an average of $70 per capita on (supplemented with $10 external assistance), in contrast to $442 in China and an average of in the EU.Read More »

A crisis like no other: social reproduction and the regeneration of capitalist life during the COVID-19 pandemic

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Back to work!

As the COVID-19 health crisis deepens, it looks increasingly clear that the is likely to exceed that of any recession in the last 150 years – that is, in the entire history of capitalism. The ILO estimates that the crisis will lead to the . Hence, after discussing at length the epidemiology of the COVID-19 pandemic, media attention is now increasingly focused on how to restart the global economic engine. We may still be mourning our dead, but time seems to have come to discuss how we guarantee economic survival that, under capitalism, is based on production and work. Here in the UK, from where I am writing this piece, getting 鈥楤ritain back to work鈥 is becoming the new mantra for the government, even if its own leader is still recovering from the virus. Similar concerns are debated across the world, as the pandemic has by now clearly turned from a planetary health threat into a planetary economic threat. Yet, getting the world 鈥榖ack to work补颈苍鈥檛 no easy endeavour, whilst maintaining social distancing. Global capitalism is based on social interactions. In fact, its global phase has aimed at erasing social distancing, not just between working people but also between countries, markets, commodities and consumers. But at present, the way in which we are used to regenerate life under capitalism would literally kill us, and this is no small print in explaining the impasse of the COVID-19 crisis. It should be the starting point to analyse it. Ultimately, before turning into a crisis of production, the current pandemic has created a systemic crisis of social reproduction. As argued by Tithi Bhattacharya, the pandemic has shown the for the working of capitalism. Moreover, it has also shown the , as well as the stark 鈥榗are inequalities鈥 experienced by different communities and individuals across the globe. By all means, this is a reproductive crisis like no other before. Read More »

Time for a Rethink on the Worth of Work

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Most economists are greatly underestimating the economic challenges posed by the Covid19 pandemic. Without a correct understanding of those challenges, the aggressive monetary and fiscal measures many government are now pursuing will fall well short of their goals. They will go down in history as economic Marginot Linesscaled up versions of tools designed to fight past crises.

The pandemic poses new and unique economic challenges. It compromises our ability to engage in productive and commercial activities requiring close contact between groups of peoplethat includes most of the things sustaining a modern economy. Epidemiologists tell us this is needed for several months. Responding in a way that minimises the loss of life and safeguards our long-term productive capacities requires two things: Temporarily shutting down large swaths of the economy, and focusing societys productive resources on the kinds of work needed to fight the pandemic.

Most economists have not yet understood this partly because the scale and scope of what is needed pushes beyond the boundaries conventional economic thinking, and beyond what they generally consider to be legitimate economic questions.

The pandemic requires an unprecedented mobilisation of what feminist economists call care labour: work to care for ourselves, our families, and our communities. Over the next few weeks or months most people need to be focused on a vital job: caring for our collective health and helping save thousands or even millions of lives by staying at home. Many families will have to do this while simultaneously caring for millions of children now out of school, for other loved ones who cannot fully care for themselves, and for those who fall ill but do not require hospitalisation.

We need to allocate resources to enable people to perform this work.Read More »

Premature Deindustrialization and the Defeminization of Labor

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In two previous posts on this blog, I鈥檝e discussed the issue of premature deindustrialization and some of its possible consequences. In a , I, along with co-author Bret Anderson of Southern Oregon University, explored the potential consequences of premature deindustrialization further by examining the possible connections between premature deindustrialization and the defeminization of industrial employment. Premature deindustrialization is a situation in which the shares of manufacturing value added and employment begin to shrink at per-capita income levels much lower than those of the early industrializers, along with manufacturing employment peaking at lower levels. The scarce manufacturing jobs that do remain, however, are likely to be relatively high paying jobs that countries and workers compete for. In our work, we assessed whether premature deindustrialization is a feminizing or defeminizing force in industrial employment. By examining 62 countries from 1990 to 2013, we find that premature deindustrialization is likely to amplify the male bias of industrial upgrading.Read More »