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Showing posts with the label “gender pay gap”

Capitalist Modernity in UK

A young woman who had worked in finance a few ago told me that in recent interviews with employers in the financial sector she was offered a salary almost half of what she was paid before. That prompted me to look for an update on the gender gap. According the BBC calculator of 2019 the gender gap at the (in)famous bank HSBC was 30%.  According to AI, as of April 2023, the gap was 43%.

Merkel’s Germany Liberal Feminism

A lot of propaganda have been pouring, hailing women in high position from Christine Lagarde of the IMF to Angela Merkel of Germany. All in the belief that capitalist power relations, inequality, exploitation, the profit motive, imperialism, etc. can be done away with if more women led governments and other positions of power.  Leaving her support of  Israel and the suppression of BDS aside, as a woman who headed a rich capitalist country for 16 years she  has done almost nothing to address the gender pay gap, one of the worst in Europe.  Women made between 19% less in wages than men in 2019, compared to 20% in 2018. It was 21% in 2020 according to this website .  It was still higher than the European Union average. Or has she ever questioned, for example, the pay gap between a nurse and a footballer?