Screwnomics How our economy works against women and real ways to make lasting change
Book - 2018
"In our lifetime, the US has seen a major shift in dominant economic thought, yet few women can identify or talk about its influence. Screwnomics issues a wake-up call for today's women to join what has been a nearly exclusively male conversation for the past 2,500 years. It explains the sexual history of economics, and the unspoken but widely applied economic theory that females, including our mother earth, should always work for less, or better, for free. Written 'for those who ...only keep the whole show going, making sure everyone has clean socks,' [this book] offers readers hope for a better, more inclusive future -- and the tools to make that hope a reality"-- Page 4 of cover.
Berkeley, CA :
She Writes Press
- Item Description
- "Screwnomics ... the economic theory that women should always work for less, or better, for free"--Cover.
- Physical Description
- xvi, 301 pages : illustrations ; 24 cm
- Includes bibliographical references (pages 275-292, 299-300).
- Main Author
- Other Authors
- part I. No-woman's land : economic thinking for men only: Talking dirty about dirty secrets (unpacked definitions: income, investment, interest, the informal economy, economy & ecology) ; Two kinds of men (unpacked definitions: supply & demand, aggregate supply & aggregate demand) ; Played by the players (unpacked definitions: property & assets, consumer markets, stock & commodities markets)
- part II. His latest big bust, 2008 : EconoMan keeps profits but shares costs: Learning consequences the hard way (unpacked definitions: capital, mortgage, compound interest, credit, debit, securities, the Washington consensus) ; Women's work is never done (unpacked definitions: bear & bull markets, US Treasury securities, credit cards, futures, derivatives, bankruptcy) ; A watched pot never boils (unpacked definitions: million, billions, trillions) ; No place like home (unpacked definitions: mortgage securities, TARP, redlining, due diligence, moral hazard) ; Proof of the global pudding (unpacked definitions: ratios, quintiles, the World Bank, the IMF, and WTO
- part III. His story of woman : females are for sex and food, or else: Mom's sugar bowl, 1776-1965 (unpacked definitions: opportunity cost, for-profit, nonprofit, un-profit) ; Egg money, 40,000 BCE-1965 (unpacked definitions: production, capital accumulation, consumption) ; A penny saved is a penny earned, 1965-now (unpacked definitions: Pareto efficiency, Wall Street, Main Street)
- part IV. His embodied fictions : collective bodies of nations, corporations, and labor must always perform as men at war: Out of the mouths of babes (unpacked definitions: double-entry accounting, audit, gross domestic product (GDP), UN System of National Accounts (SNA), bottom line, gross national happiness, genuine progress indicators (GPI), time accounts, SWEIs) ; His manly largeness (unpacked definitions: corporation, stock & shares, property & real estate ; She's in labor! (unpacked definitions: salary, wages, workday, workweek)
- part V. Banks and big fixes : systemic financial changes for widespread prosperity: All about money, and yes, it does grow on trees (unpacked definitions: externality, exponential growth, hedge funds) ; More than one way to skin a cat (unpacked definitions: women's banking, credit unions) ; Ending the old double standard (unpacked definitions: taxes, national spending & national debt, women's economic status, ethical investing, eroNomics) ; A real fixer-upper (unpacked definitions: US income tax, US capital gains tax) ; The personal is powerful and plentiful (unpacked definition: demurrage).
In time to capitalize on the #MeToo movement, Diamond, fiction writer and author of the award-winning series An Economy of Our Own for Vermont Woman, dissects the foundation of economics: what it is and why it must change, from the female point of view. She simplifies the complex—CDOs and Pareto efficiency, for just two examples—and streamlines everyday money talk. Need to understand how inflation might affect you? Go no further than asking "Are you worried about becoming poorer in the future?" as one chapter's "EconoGirlfriend's conversation starter" suggests. Or what does a dollar really stand for? It's all here in an occasionally male- or Wall Street–eviscerating narrative that tracks everything needed to know about pay equality (or the lack thereof). No one is spared, from Congress to economists such as Milton Friedman. Diamond's solutions are logical yet will spark debate among all demographics, all geographies. Is it time yet? Includes chapter endnotes, a glossary, and recommended reading. Copyright 2018 Booklist Reviews.
The personal is not only political, it’s also economic and sexual: as a society, we’re encouraged to view economics as objective science far removed from us—when in reality it has concrete and far-reaching effects on our everyday lives.
In Screwnomics, Rickey Gard Diamond shares personal stories, cartoons, and easy-to-understand economic definitions in her quest to explain the unspoken assumptions of 300 years of EconoMansplaining—the economic theory that women should always work for less, or better for free. It unpacks economic definitions, turns a men-only history on its head, and highlights female experiences and solutions. encouraging female readers to think about their own economic memoir and confront our system’s hyper-masculine identity.
In the past fifty years, the US has witnessed a major shift in economic theory, and yet few women can identify or talk about its influence in their own lives. Accessible and inspiring, Screwnomics offers female readers hope for a better, more inclusive future—and the tools to make that hope a reality.
Reaching back from the most recent economic crash to ancient times, Screwnomics explains the underlying sexual history of today’s economics and issues a wake-up call for today’s women to join what has been a nearly exclusively male conversation for the past 2,500 years.