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on the long hard road to femocracy

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Recently, a list of Australia’s 200 richest people was published. It’s been widely reported that of those 200, only 22 were women; just over 10% – a figure that has apparently held good for some years. But while this is a useful first indication of wealth imbalance along gender lines, it would pay to look more closely at the figures, though this is hard to do, given the secrecy surrounding the wealth of some, and the complexities surrounding and conditioning the wealth of others. Quite a few of these wealthy women appear to be heiresses or ‘sleeping partners’ (in a business sense, but who knows?) rather than active business types, and even leaving this aside, I’m pretty sure that if I could do the maths on all these fortunes, the figure for women would amount to considerably less than 10% of the whole.

These are the Australian figures. Would anybody dare to suggest that the figures for female wealth in China, say, would be any better? (information on wealth in China, like just about any other information from China, is virtually impossible to obtain). Or in Russia – currently rated (by New World Wealth) as the nation with the most unequal distribution of wealth in the world? Just as a guess, I’d expect, or at least hope, that the US and some European nations might be ahead of Australia in terms of female wealth, but if so it surely wouldn’t be by much. Ask a group of students who’s the richest man in the world and you’d get a few unsurprising answers, enthusiastically proclaimed. Ask them about the richest woman, and you’d get puzzled looks as they wonder why you asked such a question.

I’m no economist, and wealth per se isn’t an interest of mine, and I’m much more concerned to get women into leadership positions in science and politics, but clearly having 95% or more of the world’s wealth in the hands of the more fucked-up gender is a big problem, and a huge obstacle to the dethronement of patriarchy.

While I’m not pretending this might happen in the near future, it seems to me that the ultimate solution lies in women’s best weapon – collaboration, or ganging up. The pooling of resources – financial, intellectual, practical, even sexual. I’m not talking about war here, but I am talking about a struggle for power, a slow, persevering struggle built of connections and networks, transcendent of nation, culture, class and age. A struggle not against men but against patriarchy. A struggle which, with ultimate success, will leave all of us winners. You may say I’m a dreamer, but why is a world dominated by woman so absurd when a world dominated by men, the fucked-up world we have now, is apparently not?

http://www.cnbc.com/2016/09/01/russia-is-the-most-unequal-major-country-in-the-world-study.html

http://www.theherald.com.au/story/4687204/rich-list-2017-reveals-australia-has-more-billionaires-than-ever/?cs=2452

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Written by stewart henderson

May 28, 2017 at 7:42 pm

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