Gendered Labour Markets and Capitalist Accumulation Jayati Ghosh

Gender relations affect economic processes, especially macroeconomic patterns and accumulation trajectories, so capitalism relies on gender construction of societies to further its expansion. For example, changes in women’s involvement in paid and unpaid work impacts the extent to which the unpaid care economy subsidises the formal economy. Failure to recognise this leads to misleading estimates of aggregate labour productivity and its change over time. Similarly, ignoring the gender distribution of cross border migration can lead to wrong expectations about the patterns of remittance flows during business cycles in the receiving country.

Click here for full text

(This article was originally published at the Journal: Japanese Political Economy on 15 May 2019)