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Deficit

Deficit

How Feminist Economics Can Change Our World

Summary

'One of the most important feminist voices of the 21st century . . . The book about capitalism we didn't know we needed' - Sofie Hagen

In 2020, Emma Holten read an article stating that women were a net ‘deficit’ to society. Women apparently took more than they gave: they took more parental leave, frequently worked part-time, and typically worked lower paying jobs in the public sector. They also ‘drained’ the public purse by doing expensive things like give birth. Denmark would be richer if women’s lives looked more men’s, the experts concluded. It’s a similar story across the globe.

How did we get here? How are the contributions of half the population seen as a loss? In Deficit, Emma Holten traces how economic thinkers – from the Enlightenment onwards – created a value framework that left out ‘women’s work’ and acts of care. She reveals how the economic models that drive political decisions today are just as flawed. They shape our world with rhetoric that sounds objective but is really based on centuries of oversight and omission, with terrible consequences for us all.

If we cannot properly value the things that matter, how can we build a better future?

Reviews

  • Emma is one of the most important feminist voices of the 21st century. This book will be mentioned in all the feminist history books. Emma Holten could write a phone book and I'd read and love every single word. I love everything Emma Holten says, everything she writes and anything she touches. Emma Holten is going to change the world and you better get on board now, by reading this book. This book will make everything make sense. The book about capitalism we didn't know we needed
    Sofie Hagen

About the author

Emma Holten

Emma Holten is a feminist activist. Since 2019, she has worked with feminist economics. She served on the European Institute of Gender Equality Experts Forum as an expert in feminist economics, and on Human Rights Watch’s advisory committee on Women’s Rights. In 2023 she was appointed as advisor to the Danish government’s investigation of power in Denmark. She has delivered keynotes at the Conference on the Status of Women at the UN, the Guadalajara Book Fair, the European Commission and many other places. She also has a degree in Modern Culture and has translated Chris Kraus and Silvia Federici. She lives in Copenhagen. Deficit is her first book.
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