Unit 4.2, Feminist

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MODULE 4: Unit 2

What is a Purple Economy: Creating an inclusive society in Europe

Which values should our economy be built on? Our economy should seek to reduce inequality for everyone – men & women alike Despite advances in women’s equality in recent years, many women still experience discrimination and disadvantage in their lives. Often this is because our economic system fails to recognise women’s lives, experiences and needs. We can choose how our economy works and we should choose an economy that works for everyone rather than the few. Our economy should recognise the value of care and unpaid work – carried out by women & men Carers are fundamental to our human existence. Children, the elderly and disabled people need to be cared for and nurtured. A good society is one where people are well cared for across the life course, and where we take pride in our caring roles. We need to view vulnerability as a fact of life; it affects men and women alike. We need to recognise the contribution that carers make to our society and our economy. An economy that recognises the importance of care would benefit all of society

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Unit 4.2: What is a Purple Economy: Creating an inclusive society in Europe

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HOW DOES THE ECONOMY AFFECT ME?I am a parentA family with one child under two in part-time childcare and one child aged five at an after-school club can now expect to pay 7,933 euro per year for childcare, over 28 per cent of median household income.The economic policy choices made by the government have a huge impact on the options that are available to parents. In many cases women bear the brunt of the responsibilities for childcare due to poor working rights, maternity and paternity policies.The Purple Economy recognises the importance of affordable childcare and support for all child carers.I am un unpaid carerThere are now over 1 million people in each country who do not get the care they need from any public source. The lack of publicly financed care provision has put a disproportionate burden on unpaid carers. Lots of men provide unpaid care, but the majority of unpaid carers are women. Purple Economy champions the rights and needs of carers who provide support to vulnerable members of society.I am a Young personIn 2021, almost 900.000 young people in every country were not in education, employment or training.Young people today face countless challenges such as finding jobs and training, competing in the workplace and finding affordable housing. Girls and young women, particularly in deprived areas, experience particular challenges in securing work and gender segregation of the workforce means they are more likely to enter lower paid jobs.The Purple Economy believes that we need to invest in our economy to create sustainable jobs and a brighter future for young people.

I need regular care Over 4 million people over the age of 65 in each country are in need of regular care. As well as making up a large proportion of carers, women also make up the majority of those receiving care. With social care funding in crisis, the number of people with unmet care needs is on the rise. The Purple Economy calls for national Care Services to ensure that care is provided when needed and with dignity. I am a Employee Women working full-time earn 0.84 euro for every euro earned by a man working full-time. In recent years there have been huge steps forward in ushering in greater equality between men and women’s pay. But, despite these advances we know that women often receive less pay for the same work as men. This has knock on effect for women, including reduced pension contributions. The Purple Economy campaigns for equal pay and earning rights for men and women.

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I am a single parent Single parent families are nearly twice as likely to be in poverty as those in couple parent families. Single parents make up around a quarter of families with dependent children. Around 90% of single parents are women. For single parents, juggling the need to earn an income and look after the children is often a struggle. Single parent households have seen the largest cut to their income of all types of households as a result of changes to taxes and benefits. The Purple Economy advocates for the rights and needs of single parents, the majority of whom are women I live in a communityCommunities are strengthened by friendships, neighborhood groups and family networks. Strong community connections reduce isolation and help us to lead happier lives. Cuts to public services and community settings threaten these valuable connections.The Purple Economy recognises the importance of local public services and facilities to building strong communities. Learn about feminist economics principles from here:https://wbg.org.uk/wp-content/uploads/2018/08/WBG-What-is-Fem-Ec-PDF-v3-1.pdf

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MODULE 4: How to use Purple Economy in women’s lives

¡You have successfully completed Unit 4.2!