The Feminine Economy and Economic Man: Reviving the Role of Family in the Post-industrial Age
We hear much talk about "family values,” but what "value” do we actually place on the family itself? In Postindustrial America is the family merely a moral and sentimental "worthy cause?” Or is it in fact the focus of some of society’s most important work--the development of productive workers and citizens--and thus one of the primary engines of economic growth?InThe Feminine Economy and Economic Man, Shirley Burggraf sets the record straight about the true value--and true cost--of the family’s work in nurturing and protecting society’s "human capital.” With startling insight she also shows why we must replace our "charity” attitude toward family with something more appropriate, the same model we use for encouraging other, important economic entities--the model of investment and incentives.Economists have always referred to an inevitable "next generation” of workers who will expand the GNP, pay off the national debt, and support the social security system. Yet until now economic thinkers, predominantly male, have never factored into their equations the investment in time, labor, and opportunity cost actually required to rear those children into productive maturity. It was as if the next generation arose magically on its own when, in fact, the economically important work of caretaking was being performed all the while byan invisible, unpaid labor force called women.But now, with expanded opportunities available, women no longer volunteer to nurture and educate the young, or to take care of the sick and dying, for submarket wages or for no wages at all. A huge transfer of labor has taken place from the Feminine Economy of caregiving into the market-driven world of Economic Man, but economists, persisting in their blind spot, have yet to recognize the full impact of the shift. Thirty years after this free or underpriced labor force began to disappear we see our social structure fraying at the seams, and we wonder why.The answer, clearly, is not to send women back home, nor is it for paternalistic government to try to displace the family entirely and take over every caretaking function. The answer is insightful public policy that insures that those who invest most in producing our economy’s human capital--the parents, the teachers, the caregivers--be rewarded with real economic incentives rather than lip service and platitudes.A parent’s dividend through social security, dramatic revision of our divorce laws, and a parent-driven approach to public education are just a few of the provocative ideas Shirley Burggraf offers for bringing the family back into the center of this vital economic function. Both in its analysis and in its recommendations, this is a book certain to spark heated debate.
What people are saying - Write a review
We haven't found any reviews in the usual places.
The Feminine Economy
Where Do Babies Come From?
The Family Enterprise
Telling the Truth About Family Values
Social Security from the Supply Side
Tfte Marriage Contract
Scioo Reform and the Family
Welfare Reform and the Family
Other editions - View all
Amartya Sen argue assets average basic behavior benefits chil child childrearing choices compete competitive contributions couples culture dependents divorce dren earnings economic system economists effect ents equal estimates family caretakers family values family's feminine economy feminist functions gender high-income human capital incentives income individuals institution invest in children issues labor major marital marketplace marriage Medicare ment models mothers Murphy Brown Newsweek No-Fault Divorce nomic old age opportunity cost parental dividend parental investment parental trust funds partner partnership payroll taxes pension percent policies political poor problem produce programs public schools rearing reproduction responsible retirement risks roles sexual social contract Social Security system society society's spouse Tallahassee Democrat teachers tend things tion traditional vouchers Wall Street Journal wealth welfare William Raspberry women workers worth York