ANN CRITTENDEN THE PRICE OF MOTHERHOOD PDF

A former reporter for The New York Times and a Pulitzer Prize nominee, she has also been a reporter for Fortune, a financial writer for Newsweek, a visiting lecturer at M. She lives with her husband and son in Washington, D. This made them both happy. As the boy grew into a man, the tree gave him her apples to sell money, then her branches to build a house, and finally her trunk to make a boat. When the boy became a tired old man, the tree, by now nothing but a stump, offered him all she had left to sit on and rest. I would read the last line, "And the tree was happy.

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The book argues that although women have been liberated, mothers have not. Drawing on hundreds of interviews, and the latest research in economics, family law, sociology, history, and child development, this provocative book shows how mothers are uniquely disadvantaged economically. Unlike most other nations, the United States systematically refuses to value or support unpaid caring labor.

As a result, mothers, children, and society as a whole pay an enormous price. We now know that roughly two-thirds of GDP is created by "human capital" - by curious, capable, skilled human beings. We also know that human potential is stimulated or stunted during the earliest years. The conclusion is inescapable: economic empowerment of mothers is the best recipe in the world for producing prosperity and a healthy, thriving society. Yet to this day those who rear children are denied access to economic resources of their own.

Motherhood is paid lip service, and very little else. The Price of Motherhood reveals the myriad ways in which our institutions ignore or devalue the vast amount of work it takes to produce a well-raised child. Mothers are routinely marginalized on the job. This situation means that the average college-educated woman will lose more than a million dollars in lifetime income if she has just one child. The great majority of married mothers become economically dependent on their husbands but family law does not grant them financial equality in marriage, or recognize marriage as an equal economic partnership.

So-called family income in fact belongs solely to "he who earns it. Even property is not divided equally in most states, if there is significant property to divide. The social safety net does not protect divorced or single mothers from poverty. Those who do unpaid work at home are officially "not in the labor force.

A mother earns a zero toward her Social Security for every year she works at home. The government leaves her economic contribution out of the GDP. If child care is paid, it is classified as "unskilled," a decision that explains why there is such a shortage of trained nannies in the U.

The book concludes with some suggestions on how those rules can be changed. More about the book:.

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The Price of Motherhood

The book argues that although women have been liberated, mothers have not. Drawing on hundreds of interviews, and the latest research in economics, family law, sociology, history, and child development, this provocative book shows how mothers are uniquely disadvantaged economically. Unlike most other nations, the United States systematically refuses to value or support unpaid caring labor. As a result, mothers, children, and society as a whole pay an enormous price. We now know that roughly two-thirds of GDP is created by "human capital" - by curious, capable, skilled human beings.

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Drawing on hundreds of interviews from around the country, as well as the most current research in economics, sociology, history, child development,. The price of motherhood is everywhere apparent. College-educated women pay a "mommy tax" of more than a million dollars in lost income when they have a child. Family law deprives mothers of financial equality in marriage. Most child care is excluded from the gross domestic product, at-home mothers are not counted in the labor force, and the social safety net simply leaves them out.

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We spoke with Crittenden about how our society undervalues moms and what we should do about it. At the heart of it is a failure to understand that this is really the central work of the modern economy, which is based on highly skilled, creative, entrepreneurial people. Economists used to consider land, labor, and capital to be the three main inputs into economic wealth. Now they are saying that two-thirds of national wealth is actually created by "human capital," which are the skills, abilities, and creative entrepreneurship of people.

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