Genderwatch

Genderwatch was a 'campaign' launched by the Revolutionary Communist Party in the 1990s. Those associated with it included Para Teare. RCP activist Eve Kay-Kreizman delivered a talk for Genderwatch in 1996. the talk was reproduced as a commentary on the Living Marxism website. Kay-Kreizman ('Eve Kay') was listed as a 'journalist' as opposed to leading RCP activist and no connection was apparent in the listing between Genderwatch and the RCP.

Thus Para Teare was quoted criticising micro-credit schemes in Al-Ahram in 1999, following an article on the topic in LM in 1996:

However, behind the idea of "credit as human right for the poor" there lies a credit relationship that benefits the bank more than it does its borrowers, and this means that Grameen is more like conventional banks than meets the eye. For Grameen borrows at 12 per cent and charges Bangladeshi women 20 per cent for their loans, thus giving the bank a profit margin of eight per cent. And "these are the kind of figures that a banker in the city of London would be happy to settle for," commented social scientist Para Teare in the magazine Genderwatch.

Para Teare and three others were signatories to a letter from Genderwatch (based in 'London E17') published in the Independent in May 1996:

Muhammad Yunus's vision of the "total eradication of poverty", especially for poor women in Bangladesh, is to be applauded ("The good banker", Review, 5 May). Unfortunately we fail to see how his "survival strategy" of giving credit to poor women helps to enhance their position in our society.

He argues that giving women credit helps them to be self-employed at home, keeping them in villages rather than looking for work in factories. How can this help them participate in wider social and political spheres? The Grameen Bank perpetuates rather than challenges the traditional position of women in Bangladesh.

The women in question have sold their souls. Leaving aside that credit ties them into a life-long dependent relationship to the bank, we do not know of any other bank which places conditions on women's lives by dictating what they can and cannot do, for instance insisting that they agree to have small families. This amounts to interfering with a fundamental right that women all over the world should have - the right to control our bodies.