Al-Garemat and Their Personal Financialization in Jordan: Radical Feminist Lens
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Abstract
This research explores the financialization of failed entrepreneur women in Jordan through the lens of radical feminist theory. It examines the deeply ingrained gender disparities within societal, cultural, and economic frameworks and emphasizes the need for fundamental alterations to prevailing power structures and societal norms. The prevalence of male dominance in financial matters in Jordan reflects a patriarchal societal structure that hinders women's ability to achieve financial autonomy. This observation aligns with radical feminist perspectives, which attribute women's economic oppression and subordination to the existence of patriarchy. By employing qualitative research, the study reveals the dearth of financial literacy and instruction among women, illustrating how patriarchal structures deprive them of opportunities to acquire knowledge and participate fully in financial matters. Customized financial literacy initiatives are identified as a means to disrupt patriarchal frameworks and foster women's financial self-determination. These initiatives equip women with skills to navigate financialization hazards and make informed investment choices, enhancing their resilience and mitigating economic exploitation risks. Restricted access to employment and entrepreneurship opportunities further curtails women's economic autonomy, a characteristic of patriarchal frameworks. The manifestations of male dominance and power imbalances result in financial exploitation and fraudulent activities, compounded by a debt-oriented culture and limited financial education. The COVID-19 pandemic has exacerbated these challenges, emphasizing the urgency of promoting women's financial autonomy as a means to resist patriarchal subjugation and achieve gender parity.
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