Despite important strides that the United States has made toward racial equality in the 60 years since the March on Washington, we have yet to address the persistent poverty and unemployment that turned Martin Luther King’s dream “into a nightmare.”
It would be irresponsible to create much higher unemployment – and the US economy could be pushed into recession. There is a strong argument for the Fed to take a break from its aggressive monetary-policy tightening.
Over the course of the pandemic, the vast majority of essential workers were women. The vast majority of those who lost their jobs in the pandemic were women. And now the vast majority of those organizing their workplaces are women.
The goal isn’t merely eliminating barriers to ascending the strata, but rather flattening the hierarchy altogether. If “equity” is to be a worthwhile word, it will have to mean de-stratifying the systems that impose sexist and racist hierarchies.
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