Origins and History
Early on, feminist ethicists, economists, political scientists, and systems scientists argued that women's traditional work (e.g. child-raising, caring for sick elders) and occupations (e.g. nursing, teaching) are systematically undervalued with respect to that of men. For example, Jane Jacobs' thesis of the "Guardian Ethic" and its contrast to the "Trader Ethic" sought to explain the undervaluing of guardianship activity, including the child-protecting, nurturing, and healing tasks that were traditionally assigned to women.
In 1970, Ester Boserup published Woman's Role in Economic Development and provided the first systematic examination of the gendered effects of agricultural transformation, industrialization and other structural changes. This evidence illuminated the negative outcomes that these changes had for women. This work, among others, laid the basis for the broad claim that "women and men weather the storm of macroeconomic shocks, neoliberal policies, and the forces of globalization in different ways." Moreover, measures such as employment equity were implemented in developed nations in the 1970s to 1990s, but these were not entirely successful in removing wage gaps even in nations with strong equity traditions.
While detailed feminist critiques of traditional economics appeared in the 1970s and 80s, such as those of the Committee on the Status of Women in the Economics Profession (CSWEP) in 1972, feminist economics rapidly developed with the initiation of networks to support the careers of women in economics such as the Development Alternatives with Women for a New Era (DAWN) and in 1994, with the founding of the International Association for Feminist Economics (IAFFE) and the journal Feminist Economics.'"
As in other disciplines, the initial emphasis of feminist economists was to critique the established theory, methodology, and policy approaches. The critique began in microeconomics of the household and labor markets and spread to macroeconomics and international trade, ultimately extending to all areas of traditional economic analysis. Feminist economists pushed for and produced gender aware theory and analysis, broadened the focus on economics and sought pluralism of methodology and research methods.
Read more about this topic: Feminist Economics
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“So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.”
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