Feminist economics: The end of inequity or the start of chaos?

With all the recent feminist talk and its aggressive advocates, equality is often overlooked leading to victimizing women and producing another disbalance. The main cause of feminism as a philosophy is giving rights to every representative of the society regardless of his or her sex. This kind of approach spread to various fields, including economics.

Early works on feminist economics were published in 1970 (Woman’s Role in Economic Development by Ester Boserup) and by 1990s, it has become an established field with its own methodology.

Feminist economics struggles to overcome the dominating male bias in classic economics and deals with spheres of particular interest for women, such as unpaid household duties and exclusion from certain professional fields.

If put simply, feminist economy tries to explain that women’s interests and peculiarities have to be taken into account in the economics, as well as in any other field.

The importance of gender-oriented approach, advocated by feminist economics, can hardly be denied, and truly, in previous economic studies gender differences have often been overlooked and excluded from thecalculation.

Thus, we can discard the ‘start of chaos’ part without any doubts. Feminist economics is not about throwing bras into fire, but about a deeper and more comprehensive economic analysis.

Compared to other feministic movements, feminist economy is not an attempt to benefit a supposedly oppressed part of society, but rather to facilitate better understanding of the economy and thus benefit us all. And besides its gender component, it deals with whoever is in charge of house duties, who might easily be a representative of the strong sex.

While understanding of all postulates of the feminist economy might be a difficult thing to do.It may require appropriate education. What a mere mortal can understand is that discarding gender division in ANY sphere is a road to nowhere. Therefore, the science of how to apply this division in theeconomythat offers instruments for deeper analysis and a comprehensive approach is nothing else than a great new development. If it does not move into the ‘insane’ direction (something like detecting racism in every word and act), it can only serve for the better in the framework of general economics.