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Jill on Money with Jill Schlesinger

Machiavelli for Women Part One

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Education, Business, Investing

4.61.9K Ratings

🗓️ 25 September 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

This weekend we welcome Stacey Vanek Smith, NPR host of The Indicator and correspondent for Planet Money, who joined us to discuss her recently released book, Machiavelli for Women: Defend Your Worth, Grow Your Ambition, and Win the Workplace.

Women have been making strides towards equality for decades, or so we’re often told. They’ve been increasingly entering male-dominated areas of the workforce and consistently surpassing their male peers in grades, university attendance, and degrees. They’ve recently stormed the political arena with a vengeance. 

But despite all of this, the payoff is, quite literally. not there: the gender pay gap has held steady at about 20% since 2000. And the number of female CEOs for Fortune 500 companies has actually been declining.

So why, in the age of #MeToo and #TimesUp, is the glass ceiling still holding strong? And how can we shatter it for once and for all? Stacy Vanek Smith’s advice: ask Machiavelli “with this delicious look at what we have to gain by examining our relationship to power.”

Have a money question? Email us, ask jill [at] jill on money dot com.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0

Welcome to the Jill on Money Podcast. It is Saturday, September 25th.

0:09.1

And today and tomorrow, I've got a great treat for you. It is my friend, Stacey Vannich

0:15.0

Smith. She is the host of NPR's The Indicator Podcast and I'm amazing podcast. I love it.

0:22.7

And she is also now the author of a new book. It's called Machiavelli for Women. Defend

0:28.9

Your Worth, Grow Your Ambition, and Win the Workplace. Stacey and I go back away. We met when

0:35.7

I used to appear on a marketplace radio program. We became friends and it's just been a delight

0:43.0

to watch her flourish. And she is younger than I am, as is almost everybody else. And she's

0:48.9

just one of the greatest eggs in the whole financial journalism universe. And I'm so grateful

0:55.1

to counter as a friend. And I'm happy that she is here today to talk about this book. So here

1:02.3

is the first part of our interview with Stacey Vannich Smith. How did you come up with this idea

1:09.2

with the concept, at least, of adapting the words, the thoughts of Machiavelli who, you know,

1:18.0

doesn't have a great wrap right now. Horrible reputation. I know. Well, the Machiavelli

1:24.3

part actually came later. So initially, you know, I've just been reporting on business

1:28.2

and the economy for a long time. And one of the issues that comes up in various ways,

1:32.7

is sort of women and the economy and women at work. And because I am a woman in the economy,

1:37.5

I think I probably took a special interest in it. And I did a few pieces that I was doing

1:43.4

a piece on the pay gap. So I was interviewing economists who sort of focus on the pay gap.

1:48.1

I remember learning that it basically hadn't moved very much in 20 years and hadn't

1:54.6

moved really at all in 10. And this is like women make 80 cents on the dollar compared to men.

2:01.1

For black women, it's like 63 cents for indigenous and Latina women. It's 55 cents. I mean,

2:08.3

the numbers are terrible. And I was like, how is this not moved in a decade? And then I started

2:15.1

looking and a lot of things haven't moved for a decade. Like 80% of CEOs are men. 90% of CEOs

...

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