The inequality myth

Wall Street Journal's Carol Hymowitz again trots out the old saw that women with the same level of education earn 20-25% less than a man and the glass ceiling is turning to steel. Here. I know from our stock annual reports that there are darn few women on the boards of major corporations. But ask yourself, is it diversity if they are just smaller or darker versions of the good old boys who are already on the board? When they get to that point in power, prestige and income, just what would they be bringing to the table that would benefit women and minorities on their way up--people who went to college with a GED or after military service or who attended a junior college and lived at home before transferring? Now that would be true diversity. If they aren't representing me, the investor, then why would they be on the board? What did an expensive Ivy League education get Mama Obama? She's raising her kids and supporting her husband's career! What woman in her right mind would give up that to sell plastics or mine coal from the office board room?

But Hymowitz's statistics (supplied I think by Catalyst) lie anyway, the value of diversity aside. They are not adjusting for the right variables. Thirty five years ago claiming "same education" might have made sense; today it doesn't. They need to be looking at women who

first and foremost are married, because most top male executives are--today marriage is the big divider between getting by and doing well

have a spouse who manages the home, the nanny and the housekeeper

have a spouse willing to chauffer the children to sports and activities, take the pets to the vet, serve on the school committees, meet with the teachers, make all the appointments for doctor, dentist and hair cuts, hire and supervise the lawn service, oversee the nutritional needs of the household, and help out mom and dad at the retirement home

who are willing to work 60-80 hours a week

who spend hundreds of hours a year on the Bluetooth while sitting in airports, sleeping in first class on airplanes

who are willing to have no personal relationships with other women, or maybe occasional casual sex with lower ranked male colleagues

who are willing to endure the long commute from the fashionable suburban McMansion

who can, and this is critical, show that they have never bumped anyone better qualified out of line because of affirmative action or need for diversity in the company (which brings huge resentment with networking colleagues whether or not they admit it)