September 27, 2016

BBC: Not enough women millionaires in the 0.1% in Europe

Nitro378 22 minutes ago#1
http://archive.is/v1JEQ

There are very few women among the richest people in the UK and other OECD countries, according to a report published by the London School of Economics.

Out of the wealthiest 53,000 people in the UK in 2013, only 9% were women.

The report examined tax data from OECD countries where couples made separate tax returns.

It said a wealth "glass ceiling" appeared to exist, with women a distinct minority of the very wealthy.

The UK showed the lowest number of wealthy women in that group among the six countries that could be compared.

Professor John Hills, co-director at the LSE's International Inequalities Institute, which is publishing the paper said: "Right at the top it is still a male world."

"Woman have managed to increase their representation in the top 10% because of their success in the professions and business, but few of them are among the very wealthiest."

Co-author Alessandra Casarico, associate professor of Public Economics at Bocconi University in Italy said: "Women now make up more of the top income groups, but they are a distinct minority and they become rarer the higher one climbs."

"Composition of income is important: In the old days, the rich were those with property; they have been replaced by CEOs and entrepreneurs, among whom women are not well represented."

Sam Smethers, chief executive of the Fawcett Society said it was "depressing but not surprising" that women were not better represented among those with the highest incomes.

She said: "There are structural and cultural barriers at work here and we have to proactively address them if we want to see more women progress."

"Unconscious bias, with men recruiting in their own image from informal networks, a male-dominated, long-hours culture and the unequal impact of caring roles, all contribute to perpetuating a no-go area for women at the top. It has to change."


Have we officially reached the peak of vapid liberal feminism?..
Sanders 2016 - Corbyn 2020 - Varoufakis Forever www.youtube.com/watch?v=ku8LclsFhAM
Number of 30-day suspensions for attacking Zionism: 3
Bond_543 7 minutes ago#2
we just need to let this fashionable trend run its course. I cringe to think what the next one will be. It will continue to be this way until we achieve a free market in academia. Where these clowns arent propped up by the state.
Social Democracy: Bribing idiots with "free stuff" in exchange for votes.
Truth of the progressive era: https://www.youtube.com/watch?v=62rI8OYFzGg

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