News Story of the Day: The gender pay gap has been debunked. You have to be a fool to take it seriously. But, because they do not have facts on their side, leftists want to wield the club of the state to just give men and women the same amount of money, even if one person works harder than the other.
The Conversation presents this argument by Geraldine Healy, a Professor of Employment Relations at Queen Mary University of London, who is funded by PROGRESS Programme of the European Union; and Mostak Ahamed, a Lecturer in Finance at the University of Sussex. According to these authors, the government must implement fines and enforce them if there is gender pay inequity in the financial services sector.
But the paper lays the blame on a pay gap on – get this – long working hours.
Here is an excerpt:
The financial services industry was called out in the UK government inquiries that followed the 2008-09 financial crisis for receiving £1.3 trillion of taxpayer support and for unsafe pay policies (including bonus culture), which contributed to the recession. At the same time, the government’s Equality and Human Rights Commission exposed the particularly large gender pay gap in the sector, long working hours, inflexible work and a male-biased culture.
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But, particularly concerning is that ethnicity was related to a higher pay gap and the study also uncovered a post-recession increase in working hours, which contributes to an increase in the pay gap as women often bear the brunt of caring responsibilities. As an earlier survey and evidence to the Treasury’s Women in the City report on increased working hours by the union Unite also found, long working hours and “presenteeism” are part of a male culture in which women may be excluded as not “fitting in” or exclude themselves as this way of working is disproportionately time greedy.
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The sector as a whole continues to be steeped in discriminatory practices with respect to pay and unequal treatment favouring men and disincentivising women through the persistence of its alpha-male culture and associated long hours. Financial services has undoubtedly introduced and promoted positive diversity initiatives, but these have been undermined by things like discretionary bonuses and increasingly long working hours.
Are they saying that women can’t work long hours? Or, are they saying that businesses shouldn’t have long hours?
Chart of the Day: There is a myth that feminists are not entering any of the STEM fields, and they’re being denied entry into STEM programs in post-secondary school. Is this true? Hardly. In fact, they make up a slim majority of graduate school enrolment and degrees.
Illustration of the Day: Here is a meme that will perturb feminists:
Quote of the Day: The legend Christina Hoff Summers had this to say about feminism in the modern age:
“Here are young women with more opportunities, more liberties than almost any women in history and at that moment we tell them they’re short-changed silenced victims of a patriarchy? It’s defeatist and demoralising.”
Tweet of the Day: So, there is another bland, boring, redundant superhero movie out called “Captain Marvel.” According to feminists everywhere, it is supposed to be the greatest film ever made – and if you disagree then you are a sexist pig who should be castrated. People who think this is the most important movie in the history of cinema say only men are giving it a bad review. Huh?
— Paul Joseph Watson (@PrisonPlanet) March 8, 2019
Video of the Day: A few years ago, when railing against feminist was all the rage, Paul Joseph Watson released this video that encourages feminists to learn a few things:
When the American Ponzi economy collapses or you get drafted to fight Russia, China, Iran, or North Korea in WWIII or you get forced to board the trains headed to the concentration camps will you wish that you had defended freedom earlier?