Sometimes, having women in positions of corporate power benefits everyone. Much as “trickle-down” economic theory was a linchpin of Reaganomics, “trickle-down feminism”-a term coined by sociologist Tressie McMillan Cottom-has become central to mainstream feminism: both propose that entitlements and benefits will flow downward from the citizens richest in those resources, and ultimately benefit everybody.' -Andi Zeisler, We Were Feminists Once In the words of Andi Zeisler, cofounder and editorial director of Bitch Media:
Pull other women up with you, but don't expect trickle-down feminism to solve gender inequality. It's about understanding the historical events and expectations that influence our money decisions and shape our financial impact on other women. Below are three key takeaways, courtesy of Andi Zeisler, Roxane Gay and Georgia Lee Hussey.ġ. Responsibility from a feminist viewpoint means more than budgeting. Luckily, feminist perspectives on money take a broader approach. It's an onslaught of guilt and self-doubt about how I manage my finances. When I hear advice on how to be responsible with money, my thoughts flash to 401k's and calculations of how much I spend each year on lattés.