Note: I wrote this back in 2012 on my old blog. I thought the stat had quietly died the death, but this year it reappeared more prominently than ever, circulating widely on memes on social media, and even used by Annie Lennox in her Guardian piece. There’s a good Washington Post take on it here, but here is my interpretation.
I bang on about this, partly just because it really annoys me when people unashamedly share demonstrably false statistics in any context, but this particular one is outrageous due to the manner in which it shamelessly ignores and denies the staggering inequality between the world’s rich – including rich women – and the rest of the planet.
In 1984 a poultry farmer called Sun Guiying became the first Chinese peasant to buy her own car. I still recall the government-authorised photos of her, standing with her family in front of their shiny Toyota. Now we can look back on her beaming smile as a watershed in global economic history. Recently Forbes reported that Chinese women are queuing up to buy luxury sports cars. A third of China’s millionaires are women, and there are now three times as many Maseratis and twice as many Ferraris sold in that country as in the west. Hold that thought. [Read more…]