By Hester Eisenstein
In a pioneering reinterpretation of the function of mainstream feminism, Eisenstein exhibits how the world’s ruling elites make the most of women’s exertions and the tips of women’s liberation and empowerment to take care of their monetary and political strength, either at domestic and in a foreign country. Her explorations diversity from the abolition of “welfare as we all know it” within the usa to the construction of export-processing zones within the worldwide South that rely on women’s “nimble fingers”; from the championing of microcredit as a route to women’s empowerment within the worldwide South to the declare of women’s presumed liberation within the West as an ideological weapon within the battle on terrorism. Eisenstein demanding situations activists and intellectuals to acknowledge that overseas feminism is at a fateful crossroads. She argues that it is important for feminists to throw of their lot with the revolutionary forces which are looking choices to globalized company capitalism.
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Additional info for Feminism Seduced: How Global Elites Use Women's Labor and Ideas to Exploit the World
Sample text
T he United States was threatened by the economic recov ery of Europe and Japan, faced with a strengthened challenge from T hird World nationalism abroad (symbolized by the Organization of Petroleum-Exporting Countries [OPEC] price revolution of 1973), and encountering rebellious social movements at home, from Black Power to the women 's movement. Weakened by the prolonged war in V ietnam, the United States was losing its competitive advantage. High profit rates began to fall, and no major tech nological in novations Globalization and Women's Labor 0 23 had emerged to match the stimulus to growth represented by the cars, highway, and housing investments of the 1950s (Tanzer 1995).
It is in chis context, I want to argue, that the "freedom" experienced by women in the developed world becomes a selling point across the globe. 2 Women, Work, and the Mainstreaming of Feminism 0 In this chapter I will argue char the ideology of twenty-first-century feminism lends itself to the principles behind globalization. S. 1 The entry of both working-class and middle-class married women into the paid workforce was accompanied by a "bourgeois revolution" for women. Liberated from the feudal aspects of the marriage contract, they emerged as economic ac tors in their own right.
1, a comparison of goods-producing industries with those of finance, insurance, and real estate (FIR E), as a percent of GDP, shows the dramatic change. "In the absence of sufficient profit opportu nities for the goods-producing industries, capital sought other means to make profits. That is where the explosion of debt came on stage" ("Crises" 2002, 53-54). 6 The 1970s and 1980s were marked by intensive growth in financial invest ment and speculative transactions. The explosion in financial services is linked to another feature of globalization, namely, the deregulation of financial markets.
