Money Can't Buy You Self-Esteem (if You're a Woman)

1/5/2016 - Assistant Professor of Psychology Wiebke Bleidorn in Time.

Empowerment, that overused catchphrase of modern feminism, is both a feeling and an economic concept. It’s commonly used to mean confidence or self-esteem, but it’s also financial opportunity and professional equality. It’s applied to shampoo ads and U.N. global poverty reports: anything from workout clothes to superheroes to educational policy can be “empowering.”

But these researchers also found something else: the self-esteem gap between men and women had no correlation with economic empowerment, and the countries where women’s self-esteem approached men actually tended be in the developing world. “In all countries, men have a higher self-esteem than women do, but the gender gap varies,” explains Wiebke Bleidorn, an assistant professor at the University of California, Davis, and the author of the study. “There is a bigger gap in many developed Western countries than in developing countries.”

Read the full story in Time.