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Home Commentary

Economic Freedom Best Path to Women’s Equality, Empowerment

by Daily Signal
August 2, 2021
in Commentary, Top
Reading Time: 6 mins read
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Economic Freedom Best Path to Women’s Equality, Empowerment

Women’s battle for equal rights under the law has progressed significantly in a number of countries, but many other nations still have much room for improvement to establish societies that uphold women’s equality and dignity.

So, what’s the solution to decreasing this gender gap worldwide? There’s considerable evidence that the best environment to promote equality is a free market economy that emphasizes a strong rule of law, regulatory efficiency, and open markets.

The World Bank Group’s Women, Business and the Law 2021 annual report outlines the importance of gender equality for women’s economic empowerment and involvement in business. The report scores and ranks 190 countries in eight areas: mobility, pay, parenthood, assets, workplace, marriage, entrepreneurship, and pensions.

Putting those results together with the rankings from The Heritage Foundation’s annual Index of Economic Freedom reveals the importance for economic freedom in promoting women’s equality. (The Daily Signal is the news outlet of The Heritage Foundation.)

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For example, New Zealand, the second-most economically free country in the world, according to the Index of Economic Freedom, received a 97.5 out of 100 on the Women, Business and the Law index, supporting the notion that free market economies empower and enable women to make their own life choices.

Similarly, the fifth-most economically free economy in the world, Ireland, scored a perfect 100 on the Women, Business and the Law Index.

By contrast, countries such as Pakistan, ranked 152nd on Heritage’s index, and Lebanon, ranked 154th, both scored below 60 on the 2021 Women, Business and the Law index.

Because these economically unfree countries do not have fair and dependable rule of law, regulatory efficiency, or open markets, and usually have large, powerful governments that intrude into people’s lives, their women can be subject to oppression and even abuse.

While the Women, Business and the Law index does not directly answer the question of how to create an equal society, the report points out—in accord with The Heritage Foundation’s annual Index of Economic Freedom—the importance of strong property rights and judicial integrity, and effectiveness in creating an equal and prosperous society for women and men alike.

One of the foundations for economic freedom is the upholding of a just rule of law, which includes the protection of property rights and judicial effectiveness.

In countries that have a strong rule of law, such as Ireland and New Zealand, women are more inclined “to leverage assets for economic gain, increasing their financial security and providing them with the collateral needed to start a business,” according to the Women, Business and the Law 2021 report.

A strong rule of law that includes protection of physical and intellectual property not only grants a woman the autonomy to establish her own business, but also gives her the ability to fairly and equally compete in the market.

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Similarly, when the laws in place are effectively and justly carried out by a society’s judicial system, a woman recognizes that laws are in place for her protection and in her best interest.

Unfortunately, in countries where property rights are ignored, and the law fails to justly protect its people, a woman is usually the first to be given the short end of the stick. She is discouraged from contributing to the market because there do not exist laws that protect her entrepreneurial ability or grant her entrepreneurial liberty.

While a strong rule of law proves essential to women’s equality, so do regulatory efficiency, including business, labor, and monetary freedom; and open-market policies, such as trade, investment, and financial freedom.

Heritage’s annual index outlines how regulatory efficiency encourages entrepreneurship, and when women are allowed the ability to creatively and freely enter the marketplace as both buyers and sellers, economic growth results.

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Creating just and equal laws that hold our nations accountable in respecting and upholding women’s equality is essential. And, in fact, economic freedom is the proven foundation for empowering women with greater and more opportunities.

Having economic freedom allows women the liberty to own their labor, as well as exercise their entrepreneurial spirits to the greatest possible degree.

That’s the ultimate way to empower women.

Image by Tumisu from Pixabay. Article cross-posted from Daily Signal.



American Patriots Uniting to Fight Tyranny from, Well, Everywhere

We’re building a new conservative news network. Based on responses from fellow patriots, we’re heading in the right direction.

It may be hard to believe based on what we’re seeing around the nation today, but there are many reasons to be hopeful. First and foremost, the false narrative that most of America hates traditional values or the foundations of our nation are finally being proven false. Despite the best efforts of globalists and Neo-Marxists, patriotic Americans are starting to unify in droves. Meanwhile, Joe Biden can barely muster a half-filled auditorium to deliver his message to the scant few watching CNN and the paid shills in the “crowd.”

The “silent majority” that drove Donald Trump to victory in 2016 and 2020 (yes, he won by a landslide but was robbed along with the American people) is finally starting to realize we cannot stay silent any longer. We used to win with our votes, but those are being stolen. We used to win with truth, but the radical left and their agents in mainstream media, Big Tech, and academia are building a post-truth society to drown out reality. Today, we are waking up to the realization that only through direct action and fearlessly spreading the truth can we overcome the nefarious forces working against us.

We are proud to be working our way up to the tip of the conservative media spear. Our network is growing. We’re establishing strong partnerships with like-minded news outlets and courageous journalists. Even as Big Tech suppresses us, the honest messages they’re trying to quash are finding their way to the eyes and ears of patriots across the nation. With the help of new content partners like The Epoch Times and The Liberty Daily, we’re starting to see a real impact.

Our network is currently comprised of nine sites:

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  • Based Underground
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Some of our content is spread across all of these sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.

The slow and steady reopening of America is revealing there was a lot more economic hardship brought about from the Covd-19 lockdowns than most realize. While we continue to hope advertising dollars on the sites go up, it’s simply not enough to do things the right way. We are currently experiencing a gap between revenue and expenses that cannot be overcome by click-ads and MyPillow promos alone (promo code “NOQ” by the way).

To overcome our revenue gap and keep these sites running, our needs fluctuate between $2200-$7800 per month. May, 2021, for example, was amazing and we almost broke even. June, revenue was sluggish at best and we had to make up a big difference out of our pockets. But we’re not just trying to get out of the red. If and when we start getting enough contributions to expand, we will do just that. Very few get into journalism to try to get rich and we’re definitely not among those who do. Our success is driven by spreading the truth, profitable or not.

The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

Time is short. As the world spirals towards radical progressivism, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.

Thank you and God Bless,
JD Rucker

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They’re Trying to Shut Us Down

Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.

For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.

Thank you and God bless!

JD Rucker


All ORIGINAL content on this site is © 2021 NOQ Report. All REPUBLISHED content has received direct or implied permission for reproduction.

With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!

JD Rucker – EIC
@jdrucker


 

Tags: Daily SignalEconomyEqualityFeminismFreedomTop StoryWomen

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