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The Role of Women in the Economy and the Need for a Parallel Currency

March 13, 2025

Diminish the Negative Impact

Women are disproportionately impacted by the current economic systems worldwide. In many countries, there is a glaring lack of support structures for women, particularly in areas like food, shelter, education, and healthcare. This structural neglect not only affects women but hinders half of the population from contributing fully to society. Addressing these disparities through economic reforms, including the adoption of a parallel currency, could provide significant relief and promote equality.


One of the least discussed but most impactful issues facing women in the economy is the economic burden of pregnancy, childbirth, and child-rearing. For many women, this financial strain begins the moment they become pregnant and lasts a lifetime. Despite the significance of this issue, it remains a topic that few people or governments are willing to address directly. The economic disadvantages stemming from unplanned pregnancies and the lack of support for women during and after pregnancy can trap them in
cycles of poverty and dependency, with long-term consequences not only for them but for their children as well.

A group of women are standing next to each other and laughing.

The Economic Impact of Pregnancy and Child Rearing
In countries or states that limit or ban abortion while simultaneously failing to provide free childcare or adequate family support, the burden of child-rearing falls squarely on women
. Without access to these vital services, many women face a future of economic hardship. Child-rearing demands time, energy, and financial resources, and without support, this responsibility can have a devastating impact on a woman’s ability to pursue education or build a career.


For many women, the only available options are dependency on their family or partner, even in difficult or unhealthy relationships, or reliance on government welfare programs. These options limit their personal autonomy and prevent them from realizing their full potential. Without financial support or affordable childcare options, women often have to sacrifice their ambitions, dreams, and the possibility of a fulfilling career. The myth that women can work full-time while raising children without substantial help is just that—a myth. Without access to childcare or family support, it is nearly impossible to balance work and motherhood effectively.


The Unique Economic Vulnerability of Women
Women are born into a unique situation in the economy simply because they are the ones who bear children. This biological reality places them in a vulnerable position, often making them dependent on others for support during and after pregnancy.
Without access to adequate healthcare, food, shelter, or education, the economic consequences of bearing a child can be overwhelming and can last a lifetime. A woman who is forced to carry and raise a child without the necessary resources is left economically disadvantaged, and this disadvantage can be passed down to her children as well.


This reality calls into question the fairness and sustainability of the current economic system. Without significant reforms, particularly around how we value and support women’s labor, including child-rearing, women will continue to face barriers that men do not.

A woman is holding a baby and a little girl

The Need for a Parallel Currency
A possible solution to the economic imbalance women face is the implementation of a
parallel currency that addresses basic needs like food, shelter, education, and healthcare. A parallel currency would function alongside the current market-based system but would be specifically designated for essential needs. It would be used only for these basic human necessities, ensuring that no one, particularly women, is left without the means to support themselves or their children.


The beauty of a parallel currency system is that it could operate without creating inflation. When the currency is used and eventually reaches a bank, it would be destroyed, ensuring that it does not devalue the market currency. This system would allow society to guarantee a minimum standard of living for all individuals, without distorting the free market or causing inflationary pressures.


For women, this parallel currency would represent a way to navigate life with fewer obstacles. It would give them the financial security to make decisions about their lives, including whether to carry a pregnancy to term, without the fear of being economically disadvantaged. Women would no longer have to depend solely on the goodwill of their family, partner, or government assistance. With basic needs guaranteed, they could focus on pursuing education, career development, and other personal ambitions.

A woman is holding an umbrella in a field of rice.

A Path Toward Equality
The introduction of a parallel currency system would mark a significant step toward gender equality. By ensuring that women have access to the resources they need to care for themselves and their families, we would be creating a world in which women have more autonomy and freedom to make choices about their lives. It would eliminate many of the economic barriers that prevent women from reaching their full potential and would allow them to contribute more fully to society.


The current economic system does not adequately address the unique challenges faced by women, particularly when it comes to child-rearing. By introducing a parallel currency system that ensures access to basic needs, we can create a more equitable society. This would allow women to live with dignity and the financial security to make decisions about their futures without being weighed down by the economic burdens of childbirth and childcare. Such a system would not only benefit women but would strengthen the economy and society as a whole.

Two women in kimonos are walking down a sidewalk next to a rickshaw.
pregnant woman with a little girl kissing her belly
A woman is riding a blue scooter with a little girl on the back.
A woman wearing a white saree and a red blouse is smiling.
March 7, 2025
The purpose of government is not to make profit, it is to protect and defend its citizens. Government is not a platform from which a business deal is made. It is carefully structured to sleuth out the most important needs of all its citizens and provide for them. When it operates as it is built to do, its citizens are generally content. When it is gamed, in bad faith, for personal power and wealth, things fall apart and the government and its citizens have to move to defend themselves. The necessity to do this should never have evolved. But a well functioning government depends on people working in good faith, who are honorable, who seek truth and have guiding morals. As we know, sometimes people get into positions of power who don't have these qualities. The unfortunate development of political positions being won by individuals who have the most money to spend has placed a significant number of people in Congress and some Presidents in the White House who have no moral compass. We see the influence of unimaginable amounts of money on campaigns. Made worse when corporations were found to be citizens. Let's dive down the rabbit hole of history. In 2010, when Obama was president, the Supreme Court found in the case called Citizens United v. Federal Election Commission that corporations have 1st amendment rights to free speech and political spending. They named this “ corporate personhood” which holds that corporations are associations of people and have certain constitutional rights. This allows, among many other things, corporations to make independent political expenditures and allows corporations to spend unlimited funds on elections. Also, a corporation is allowed to exist in perpetuity. Even Voldemort would have envied this! So, here we are. Both Democratic and Republican administrations have pushed more and more power and wealth into the hands of the few and in turn the recipients of this largesse have shown their gratitude by paying into more and more autocratic governments that will continue to protect their economic and business advantages. This is not hard to see. It is very hard to live through. And even harder to reverse. But this has been done before and can be done again. Good government is not a given. It has to be watched carefully (thank goodness for bureaucrats). But everyone needs to play a part and feel they can be effective. At Renew the Earth, renew the-earth.org, we have been developing over the past 20 years a concept that allows choice within our World Economic System. We call it a Parallel Currency. This separate currency can only be used to provide basic human needs, food, shelter, education and health care. It cannot be invested or hoarded and will not cause inflation because it is destroyed when it reaches a bank.  Susan Caumont, President, Renew the Earth
February 28, 2025
Money is fluid, it has perceived value, and can be manipulated subjectively toward stupid stuff or toward important stuff. With a separate parallel currency it would be possible to buy basic human needs, Worldwide. The closed loop of a parallel currency dedicated to providing basic human needs can produce whatever amount of money necessary to fulfill human needs, (food, shelter, education and healthcare). This money will circulate generally after its initial use but when it reaches a bank it is destroyed. It cannot be invested or saved. It will not create inflation. Savings will also be possible for taxpayers, because most social services will no longer need to be paid through taxes. The currency that is presently used in each country will continue to function as usual, toward profit making and investment. The result is two currencies functioning simultaneously, in parallel. The intent is to treat Human Needs as essential, as a Right. And to be able to afford them.
February 14, 2025
Introduction: Rethinking the Meaning of Wealth In traditional economic systems, success is measured primarily by Gross Domestic Product ( GDP ), stock market performance, and financial wealth. These indicators focus on money flow and profit generation but often fail to reflect the true well-being of people and the environment. At Renew the Earth, we believe that an economy should not only be about financial transactions but also about human welfare, sustainability, and equitable resource distribution. This article explores why our current measurement of success is flawed and presents a new framework for defining wealth in a way that serves both people and the planet: a parallel currency, which is one currency that provides basic needs to all humanity and runs next to all other existing currencies.
January 22, 2025
Balancing Markets to Protect Democracy Market economies have driven progress and innovation for centuries, but they also have inherent flaws that, if left unchecked, can erode democratic values. At Renew the Earth, we advocate for a supplemental system—a parallel currency focused on fulfilling basic human needs like food, shelter, education, and healthcare. By addressing the shortcomings of market capitalism, this approach could safeguard democracy and ensure a more equitable future.
January 16, 2025
Overcoming Inequality Economic inequality and environmental degradation are two interconnected global crises. As wealth becomes increasingly concentrated among a small minority, millions of people struggle to access basic needs such as food, shelter, healthcare, and education. Simultaneously, the planet faces unprecedented challenges, from climate change to biodiversity loss, largely driven by the overexploitation of resources for profit. At Renew the Earth, we believe in a transformative solution: the introduction of an Energy Currency—a parallel economic system designed to prioritize human and environmental well-being. The Limitations of Traditional Economic Systems Modern market economies , while efficient in driving profits, often fail to distribute resources equitably . Wealth generated through financial speculation rarely circulates back into the real economy to benefit communities. Instead, it exacerbates inequality, leaving many without access to essential services. Moreover, the focus on continuous growth comes at the expense of the planet’s health. Unsustainable practices—such as deforestation, pollution, and overuse of natural resources—accelerate climate change and threaten the survival of countless species, including our own. Without intervention, these dual crises will only worsen, pushing societies toward economic instability and environmental collapse.
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