Ending the “Crisis of Carelessness” – A feminist and southern analysis of the financial crisis

We are in the midst of multiple crises that have brought to light a corrupted value system in which production and social reproduction are put at the service of the financial markets.
Feminist movements for quite some time have been exposing the contradictions of the system, but their critiques have remained largely unheard by the mainstream – and even by some heterodox economists – which is unwilling to discuss the social norms and fundamental asymmetries that structure the global economic system.
Today, still, reproductive care work, which is mostly carried out by women, is invisible in the mainstream view of economics. As a consequence of the financial crisis, this burden of care work on women’s shoulders is even growing. The recognition of the centrality of »care« towards the functioning of the economy and society is at the core of a feminist alternative that aims at ending the »crisis of carelessness« by putting gender justice, sustainability and social needs above those of the financial markets.

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