Tuesday, August 15, 2006

Poor rich women?

In the papers today is the news that female millionaires will outnumber male ones in Britain within 15 years.

Keep this in mind the next time you hear complaints about men earning more than women. As I've often argued, the feminists who make these complaints seem to assume that the money men earn is for themselves: that it is somehow "male" money which men pocket for their own use.

In reality, much of the money men earn goes to their wives. So the more men earn, the wealthier women are likely to become. That's what's happening in Britain, where the fact of higher "male" earnings is soon going to co-exist with a higher number of female millionaires.

3 comments:

  1. Quite right. But it seems you didn't consider the fact that women's money might go to their husbands/boyfriends.

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  2. Lisa, true, but that's not the point. The assumption is that there is an economic loss to women because of higher male earnings. In fact, women are enriched through such earnings, as is clearly shown by the number of female millionaires.

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