Women often claim that they are the victim of a wage gap, and that they do not have equal pay or access to finances. This claim couldn’t be further from the truth. Far from oppressed victims, it is actually women who often make financial slaves out of men.
At home, 90 percent of women control the household finances. Up to 85% of purchases are made by women. Women hold 60% of all personal wealth and 51 percent of all stocks. 80% of healthcare decisions are made by women. 75% of women identify themselves as the primary household shopper. 1.3 million women earn more than $100,000 a year. The pay gap that women complain about? It doesn’t exist. Women simply choose to earn less than men. These statistics alone are enough to prove that women, far from the victims of oppression they claim to be, are not only earning as much money as they seek, but also controlling the finances of their household. This phenomenon is likely due to sexist gender roles regarding male “providers”.
According to the Pew Research Center:
Roughly seven-in-ten adults (71%) say it is very important for a man to be able to support a family financially to be a good husband or partner. By comparison, 32% say it’s very important for a woman to do the same to be a good wife or partner, according to a new Pew Research Center survey.
Further, the Journal of Behavioral and Experimental Economics concludes that men view working time as a source of status. These studies show what we already knew: that men only feel they have value if they are “providing” for their family, and specifically, for their “caregiver” significant other.
Everywhere we look, we find men working longer hours, more dangerous jobs, working twice as much overtime, working more weekend shifts, and competing for higher paid positions in higher paying fields than women. Women, on the other hand, prioritize shorter hours and family time – all while controlling 90% of the household income. Feminists will tell you that this is all a result of the patriarchy, but if men are in positions of power and are intent on abusing women, then why don’t they have time at home with their kids, and all the spending power?
Women are expected to control $43 trillion of global consumer spending in 2020, yet the statistics show that they often choose to be stay-at-home caregivers. This allows them to reap all the financial benefits of a man’s hard work without having to do any work themselves. This is obviously a personal choice and not a requirement, as women who choose to work more hours invariably earn more. Of course, these things can’t be blamed entirely on women. Sexist gender roles have convinced many males that their place is away from home working and providing, and that it is morally right to surrender finances to the woman’s control.
Regardless, if something doesn’t change, the future of the economy is female consumption. As Delphi Cleaveland puts it:
Women control roughly $20 trillion in annual consumer spending and this figure is expected to increase by up to 40 percent in the next five years. This trend is largely the result of female-powered households, in which women are responsible for between 70 and 80 percent of all consumer purchases — accounting for themselves, their partners, their children, and other miscellaneous household needs. A study published by Harvard Business Review determined that on average women make 94 percent of home furnishing decisions, 92 percent in vacations, 91 percent in homes, 60 percent in automobiles and 51 percent in consumer electronics.
He goes on to say that “women represent a growth market bigger than China and India combined; and, collectively, they represent the second largest economy in the world, based on earned income versus GDP” (Cleaveland). It’s clear that women not only spend more than men, but actually control their finances – regardless of whether or not they earn anything, which they are perfectly capable of doing.
As Ann silvers points out, sexist gender roles allow women to abuse men for money:
Though women have made great strides in equal rights with men, such as vastly increased occupation choices, many still have hung on, with a death grip, to unequal rights that favor women. Men paying for everything—from dinner, to diamonds, to literally everything—is a vestige of the old days that some women love to capitalize on.
Many men are conditioned to not question their role as gift-giver, and can’t quite put their finger on what feels so awful if they are taken advantage of in this way. If they do consciously think it’s unfair, they may be ashamed to admit it, or find little support for their view.
“Little support for their view” is the understatement of the century. One quick google search and a person will find that there is virtually no mention of financial abuse from women against men, and it is doubtful if any support group of any kind exists to deal with such a problem, for men. Convexly, articles and support groups abound for women who have been financially abused by men.
The Pennsylvania Coalition Against Domestic Violence (PCADV) lists the following common tactics of financial abuse:
- Withholding money or giving “an allowance”
- Not allowing the survivor to have access to bank accounts
- Hiding or lying about joint assets
- Lack of access to utilities (including phone/internet)
- Lack of control over household finances or how money is spent
- Lack of knowledge of household finances and financial decisions
- Lack of ownership and/or access to a vehicle/transportation
- Refusing to pay or evading child support
- Forcing the survivor to sign financial documents, or forging their partner’s signature
- Forcing the survivor to write bad checks or file fraudulent legal financial documents
- Pressuring the survivor to be a co-signer or guarantor
- Coerced debt/forced to overspend on credit cards
- Personal information or assets used against their will or without their knowledge
- Converting their partner’s assets into their own
- Keeping all assets in the abuser’s name, while forcing victim to keep all debt in their name only
- May refuse to make rent, mortgage or utility payments
These types of pressures can cause job loss, ruined credit, and a host of psychological problems. The aforementioned tactics are often listed as those that occur during domestic abuse against women, but are rarely mentioned in relation to men. After all, men are supposed to work hard, provide, and hand over the check to the woman, right? Just look at the PCADV website. See any men in those images?
Many men have become financial slaves to women, and whether they have done so because of outright financial abuse or because of a desire to conform to sexist gender roles is irrelevant. The point is this: women are perfectly capable of earning more, they earn less purely because of choices that limit their earnings, and despite those facts still control the majority of household finances – while simultaneously being the largest and fastest growing group of consumers. This is just another example of how men are viewed as disposable producers in modern society, and how so many statistics are skewed to favor false feminist narratives. It’s sexist, it’s wrong, and for the sake of all genders, it needs to stop.