Dear W4S Community,
“By far the largest sector of the economy is the unpaid care sector. The work consists of taking care of children and sick family members, facilitating life for elderly people or family members with a disability, managing the home and providing long- term unpaid support to the community of friends and neighbours” (Thera Van Osch, Sheila Quinn and J. van Beveren (2004): Budgeting for all; Manual for local gender budget initiatives. Utrecht: Vrouwen Alliantie, p. 88).
Caring Economy is a concept that was born to name an economy that cares for the people and also for the planet, that criticizes the neoliberal conception of a world in which everyone must compete with others, and where it seems to be that “no one” does this invisible care work.
The 86% of care work is done by women who do not get any economic retribution. This unpaid working hours are not taken into consideration by the global system, but they exist and they are absolutely necessary for every society.
This idea is a proposal to go back to the most intrinsic human values like friendship, esteem and lovingness. The pandemic was an opportunity to make visible the care work that mainly women carried out within the household. We are now in front of a new scenario, a new chance to change the established and build a more caring economy.
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