Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Fearless Girl Statue A Fraud?
Posted
October 15, 2017
Views
83,422
Likes
1,475
Comments
519
Engagement
2.39%
October 15, 2017
83,422
1,475
519
2.39%
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3:34Now PlayingIs the the Fearless Girl statue a fraud? Hannah Cranston, Brett Erlich, and Nando Vila, the hosts of The Young Turks, discuss. Tell us what you think in the comment section below. Join TYT
"When the Fearless Girl statue was erected on Wall Street, facing off defiantly against the Charging Bull, she was hailed as the ultimate in female empowerment ― “a powerful symbol,” tweeted New York City Public Advocate Letitia James. Crowds flocked to see her.
As it turns out, the bronze statue was a symbol ― not of girl power, but of the empty corporate feminism that Wall Street has managed to turn into an art form and that first daughter Ivanka Trump has ridden all the way to the White House.
On Thursday, State Street, the $2.6 trillion dollar investment firm that funded Fearless Girl and unveiled her to great fanfare on International Women’s Day in March, agreed to shell out $5 million to settle claims that it pays its female and black executives less than white men at the firm.
The back pay will go to 305 female senior executives and 15 black vice presidents who worked in a State Street office in Boston. The firm also has to submit a thorough analysis of its pay and agree to fix any other discrepancies, according to a settlement agreement with regulators from the Department of Labor. The agreement covers pay at the firm from 2010 to 2012, when the federal audit began.
It wasn’t hard to see this coming. Sure, State Street said all the cool girl power things when it unveiled Fearless Girl, claiming in a statement that she represented “the power of women in leadership and the potential of the next generation of women leaders.”
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Hosts: Hannah Cranston, Brett Erlich, Nando Vila
Cast: Hannah Cranston, Brett Erlich, Nando Vila
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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