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I'm not going to address the social aspect of this as that's not really my concern. This is a clear case of the lump of labour fallacy. It's a zero sum way of
by ivl 8y ago
I'm not going to address the social aspect of this as that's not really my concern.
This is a clear case of the lump of labour fallacy. It's a zero sum way of looking at the economy that has almost no backing. The same thing is said of immigrants, and the same logic applied to trade.
There's nothing to suggest that women joining the workforce suppressed wages. The issue you're facing is that you're looking at the economy as a fixed size. It's not. Increasing the number of wage earners grows the economy. In fact, research(1) suggests that for each 10% of women joining the workforce, wages raised 5%. You've managed to ignore the increase in spending that comes with more earners, with less time to do things at home.
1. https://onlinelibrary.wiley.com/doi/full/10.1111/jors.12336 https://onlinelibrary.wiley.com/doi/full/10.1111/jors.12336