Monday 23 November 2009

Unintended consequences of 'Lehman Sisters' critique

During her brief but entertaining period as acting PM over the summer, Harriet Harman suggested that if it'd been 'Lehman Sisters' rather than 'Lehman Brothers', the banking crisis might never have happened. Her comments drove momentum for a Treasury select committee inquiry earlier this autumn, which touched on the same issue. During that session, Nicola Pease of JO Hambro Asset Management spun the session on its heel with her forceful yet eloquent insistence that mother-friendly legislation, such as year-long maternity leave, had made women of a certain age unemployable. Despite the rank injustice of women' failure to equal men in pay and progression (in all sectors, incidentally), Pease's words felt uncomfortably true. Since that hearing, I've started to wonder whether my next employer might judge me not just on my CV, but on how likely it is that I'll pop a sprog 18 months into the job. Do they really want to employ someone who might suddenly (and unsackably) disappear for a year and return with distractions and demands for shorter or weirder hours? Clearly I'm not the only one who heard Pease and started to twitch a bit. The past few weeks have seen an avalanche of op eds, magazine features and broadsheet columns on the impossibility of working motherhood, the crippling guilt, the pointlessness of working when you should be at home with the kids. Earlier this month, the Guardian's excellent political editor Gaby Hinsliff gave up the struggle, explaining her decision in a heartbreaking article. So I was heartened to read Yasmin Alibhai-Brown's indignant riposte in today's Indie, asking why women are suddenly 'in retreat'. I think I might have an answer. Helped along by that fiery testimony from Nicola Pease, there's been a real backlash to this idea that the financial crisis is a golden opportunity to regulate women into equality at work. There's a serious argument to be had here - but all these articles are frankly starting to break my spirit a bit. I'm sure I'm not the only one getting sick of being told I should give up now, rather than bothering to struggle against the inevitability of a stifled career.