Why Women Are the Biggest Emerging Market

Article here. OK, so, oppression everywhere, right? Excerpt:

'What's the biggest emerging market of them all? I'll give you a hint: The answer isn't geographic but demographic. The answer is...women.

Women leaders are the new power behind the global economy, proclaims Deloitte Touche Tohmatsu's announcement of its second annual webcast celebrating International Women's Day. In developing nations, women's earned income is growing at 8.1 percent, compared to 5.8 percent for men. Globally, women control nearly $12 trillion of the $18 trillion total overall consumer spending, a figure predicted to rise to $15 trillion by 2014.

More significant, the majority of tertiary degrees are now being awarded to women. Highly qualified, well-educated and ambitious, these women are taking over the talent pool from Delhi to Dubai and bringing new urgency to the issue of managing diversity.
...
By investing in women in emerging markets, companies are betting on a brighter future — for a workforce just waiting to blossom, for economies whose development depends on this new crop of talent, and, of course, for themselves.'

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Men should spend their own money, then we would be the biggest consumers and the corporations would have to cater to us. Yet another good reason to neither marry nor co-habit.

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Rise, Rebel, Resist.

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manonthestreet

I really don't know how all this will unfold as time goes by. Surely in the end it is not who has the money but who produces the goods that matters. Thinking like that in the article is still stuck in the mould that it is consumption that makes an economy. Does shopping really make the world go round?

I think it should be remembered that historically wealth has mostly been the prerogative of a few. It is only recently that the rest of us have risen above mere subsistence. May be there will in the future be just a few rich women and all the rest poor.

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when those who think that declining educational attainment among men is to be celebrated are going to be confronted with how flagrantly stupid they are celbrating the fact that so many men are becoming undereducated societal dropouts. They're going to realize what they were so mindless and unwittingly celebrating: Is this going to be good for society at large when as a result crime rates sky rocker (just look at the unstoppable number of mass murders happneng at an ever accelerating rate), suicide rate for men continue to increase, addictions to drugs which breeds more crime.

Do people who write these articles, I wonder, ever stop and consider for a second simply: Well, where did the men go anyway? Why don't you just try that for once! There is interest in this question I can assure you. I've written a lengthy paper on this very question of why the decline of education among men. The professor was quite impressed--he asked if he could keep the paper for reference! (and this guy was not even a conservative :)

There are people, people who are intelligent and wise, who are out there willing to listen to reason. We can never give this up.

But no worries. Unless our society goes completely to hell, there has got to come a realization en masse that declining educational rates for men is not going to be a good thing for anyone.

And I agree with the poster above, since when is being such a big fat inflated mega consumer such a great thing all of a sudden once again. So women consume far more than men, we've known that for quite some time now, WHOOPEE DOO!!!. Talk about snews. The same "liberals" that would complain about overconsumption of Earth's precious resources are at the same time celebrating women's overconsumption.

How truly, truly, idiotic.

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manonthestreet

I have a thought concerning the declining proportion of men with degrees. It is true that more women than men get degrees. On the other hand the number of men who do get degrees is probably far more than was the case say forty yeas ago. Probably those men who would be leaders are still getting educated just as they where forty years ago. Additionally other men are now also getting educated though not in the same quantities as women. So I don't really see that the structure of power will change all that much. The elite men will still become qualified just as they did before.

In general there are those that say that by and large a degree is not really much of an asset. I don't myself know if that is so or not. Certainly a lot of debt is involved. Also there are other ways to become employable in addition to gaining a degree. Acquiring specific skills might in the end prove more of a help then just getting a degree.

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Sorry TMOTS, but that sounds like wishful thinking. When the female-dominated law schools start churning out Gloria Allreds by the thousands, these may be the last days men have ANY rights. The. clock. is. tick...ing.

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manonthestreet

Could be Hunchback, I have no particular powers of prediction. Also I am certainly not know for my optimism. I think in so far as I was suggesting that the male elite will remain mostly intact then I think that idea has some validity. Also that men can adapt is also one unknown which might shape the future.

I write from a UK perspective and of course the world is much bigger than that. My mind can not encompass everything that is happening in the world so I can easily be wrong in any particular.

One of the problems I have is I doubt that what I would wish to see happen and develop would be something generally shared by most other MRAs. As a group we have mostly common dislikes but not sure if we share the same ideas as to what we would want to see in the future.

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Why exactly is women's income in developing nations growing at 8.1 percent while for men it's only 5.8?

If it's because women are better educated, well then what about the problem for society of having undereducated men?

Is that gross income or net income?

Why does there exist such a lag for men? What are the factors contributing to this?

Does anyone here have any answers to any of the questions above?

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manonthestreet

Well Sheldon I think that statistic is rubbish. If I had to give an explanation it would be this. If women's income is starting from a low base then it is easy to produce a high percentage increase. For example if at first no women worked and then some women work the percentage increase in earnings is actually infinite since it started at zero. Something of this sort of effect must be happening as women enter the workplace. It could also reflect a movement of women for low paid to higher paid types of employment.

I don't dispute that women are a threat and a menace but in itself this statistic is not that significant.

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But do you really think speaking and thinking that way: "women are a threat and a menance" is going to get this movement anywhere--except riducule as just more stimulating "fringe lunatic" tabloid fodder?

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