WSJ Reading this Week-End

Article : The Pay Gap for Women …

In coming years, despite decades of efforts to promote women in business, companies may find their pipeline of potential female leaders lacking. During Covid, because family obligations fall mostly on them, women have left the workforce in greater numbers than men.

Well, so be it! As a previous corporate clone, the bottom line is a 60-70 hour work week. This does not make women reprehensible or non-committal, but they seem to rebel against the fact that they must make choices. I had no diversions because I was young and single and had the time to smoke out my rivals because I knew that was necessary in a capitalist world.

Article: The Struggle for a Meaningful Life

But another explanation is that the happiness-pursuers often focus upon the wrong things. An analysis published in the Journal of Personality and Social Psychology summed up more than 200 studies and found that “respondents report less happiness and satisfaction and more depression, anxiety, and general psychopathology to the extent that they believe that the acquisition of money is important and key to happiness and success in life.”

Oh horse feathers! 200 studies does not an empirical argument make. I work for money because it provides me with my most valued opportunity in life- freedom of choice.

8 thoughts on “WSJ Reading this Week-End

  1. Re: The Pay Gap. Um yuh, ever since women entered the workforce en masse in the early 70s, they have (if married or mothers) been doing TWO jobs. So when it’s down to brass tacks, a choice between people they know and love vs,”corporate clones” as you say—what’re they gonna do?

    Re: Meaningful Life: okay tins is just total newspeak, propaganda, L.I. E.S. They’re prepping us to sacrifice our well-being against our better judgment. This reminds me of right before the Dust Bowl, when new proverbs were invented like “Rain follows the plow.” (No it doesn’t).
    Oh, true, just like love, money isn’t everything. But if you don’t have, like, a baseline level of it to rely on, just like love, you will lead a short life of privation and desperation. SHAME on the authors of this piece!

    Liked by 4 people

    1. Hypatia as per unit SOP is spot on. I am reminded yet again of Hobbes’s words concerning the natural state of humanity.

      *”The fuller quotation of this phrase is even less appealing – “solitary, poor, nasty, brutish, and short”. Hobbes described the natural state of mankind (the state pertaining before a central government is formed) as a “warre of every man against every man”. In the book he outlines the ‘incommodites’ of such a war:”

      *https://www.phrases.org.uk/meanings/nasty-brutish-and-short.html

      Liked by 2 people

  2. “So when it’s down to brass tacks, a choice between people they know and love vs,”corporate clones” as you say—what’re they gonna do?”

    They make the choice most important to them but this sense that businesses should assimilate to their lifestyles is somehow ass-backwards. Do what you want to do but don’t expect corporations to make adjustments because they just will not. Capitalism doesn’t work that way.

    No judgment here whatsoever but merely a much needed reality check. Bear with the sports analogy, but if I were LeBron James, I’d know there are sacrifices to be made. Should we ask the NBA to cut back the schedule?

    Liked by 3 people

    1. My research is indicating a trend in successful young ladies looking to take on the role of bride if not wife and mother as they turn 29 for the second time.

      This particular unfunded research is continuous and not yet concluded.

      Liked by 1 person

  3. “Journal of Personality and Social Psychology summed up more than 200 studies…”

    That is a ton of research money down the drain. I could have given them the correct answer for 1/2 the money.

    Just sayen’

    Liked by 2 people

  4. They have been; my observation is that many women talk about “glass ceilings” but can’t put in those grueling 70 hours a week due to family obligations. Unfortunately, that’s the reality and it will never change because corporate culture demands the time. I always admired Carly Fiorina and her husband for their creative solution to the work/family dilemma. When she was promoted to CEO of HP, he quit his successful job to stay home and raise their 3 kids.

    Liked by 1 person

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