--- title: The Domestic Violence Issue No One Is Talking About description: One form of domestic violence which is less commonly discussed is economic abuse. canonical: https://time.com/4511840/domestic-violence-economic-abuse/ author: Gila Gamliel article:opinion: true article:content_tier: free article:published_time: 2016-09-28T20:25:53.000Z article:modified_time: 2026-08-04T07:49:16.113Z article:section: Ideas og:title: The Domestic Violence Issue No One Is Talking About og:description: Economic abuse is a crime og:url: https://time.com/4511840/domestic-violence-economic-abuse/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6410d84b35dfffad/6988a7f2656a3f845ebcd46a/abuse.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 2734 og:image:height: 1538 og:image:alt: Depression og:type: article twitter:card: summary_large_image twitter:title: The Domestic Violence Issue No One Is Talking About twitter:description: Economic abuse is a crime twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6410d84b35dfffad/6988a7f2656a3f845ebcd46a/abuse.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # This Is the Domestic Violence Issue No One Is Talking About > Sponsored content. 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It explains how TIME's journalism is made, from the first pitch through the editorial decisions behind a finished story or cover. #### How can I read about how TIME chooses its covers? Inside TIME is the newsletter where TIME's Editor-in-Chief explains cover selection and the editorial reasoning behind major stories. It is free at time.com/newsletters. #### Who is the editor of TIME? Sam Jacobs is TIME's Editor-in-Chief. He writes Inside TIME, a twice-weekly newsletter about the newsroom's reporting and editorial decisions. #### Is Inside TIME free? Yes. Inside TIME is a free newsletter, available at time.com/newsletters. A paid TIME subscription is separate and available at time.com/subscribe-agent. ## Video: Women and the Wage Gap [Watch (HLS stream): Women and the Wage Gap](https://cdn.jwplayer.com/manifests/WuekTnUb.m3u8) (2:15)  _Published 2016-08-03. Sallie Krawcheck explains what women are saving for and how we can make saving easier._ by [Gila Gamliel](https://time.com/author/gila-gamliel/) ## Gila Gamliel Sep 28, 2016 8:25 PM UTC  Depressed young woman in a dark room Depressed young woman in a dark room Getty Images by [Gila Gamliel](https://time.com/author/gila-gamliel/) ## Gila Gamliel Sep 28, 2016 8:25 PM UTC It was British Prime Minister Theresa May who astutely [said](https://www.gov.uk/government/speeches/theresa-mays-equality-strategy-speech): “You can’t solve a problem as complex as inequality in one legal clause.” This remark comes to mind when we, as lawmakers, deal with combatting the complexities of domestic violence. We all know that abuse does not always take the same form. Domestic violence often finds expression in means beyond physical assault that are no less injurious. We commonly hear of mental and emotional abuse, for example. But one form of domestic violence which is less commonly discussed is economic abuse. Economic abuse exists when one partner has control over the other’s access to economic resources. It is when one partner is deliberately coerced into being financially beholden to the other and his/her capacity to be self-sufficient is diminished. Economic abuse includes withholding freedoms which many of us take for granted, such as: preventing a partner from joining the workforce, excluding a partner from financial decisions, or using financial control as a mean to punish a partner for “bad behavior.” Beyond indignity and humiliation, this is a form of abuse, pure and simple. Do not think for one moment that this deplorable pattern of behavior is exclusive to lower-income and less-educated households. Recently a friend who is a full university professor told me how her spouse took over all of their joint finances and left her penniless. This case, and others like it, helped me realize how widespread and underreported this type of abuse really is. In response, I have initiated legislation in the Israeli Knesset (Parliament) designating economic abuse as a criminal offense, punishable by law. A crime it is, and as a crime, it should be prosecuted. In a region such as the Middle East, which is infamous for its treatment of women, Israel is proud to be a champion for the empowerment of women and gender equality. It is an honor to be part of a society where women serve in senior economic positions and in top military roles. A society where [Miriam Naor](http://www.haaretz.com/israel-news/.premium-1.637316) is currently the second woman to serve as Chief Justice of the Israeli Supreme Court and [Golda Meir](http://www.historytoday.com/richard-cavendish/golda-meir-becomes-israeli-prime-minister) became one of the first women to serve as her country’s Prime Minister as early as 1969. As a mother, I never want my two young daughters to fear the grievous threats of domestic violence, exclusion and gender discrimination. I want to promise them that as they grow up, they will be free and protected from manipulation, exploitation and abuse. This is the promise all women and girls deserve, and it is our responsibility to make this commitment a reality. As Israel’s Minister for Social Equality, I have pledged to fight abuse domestically, in the workplace and in society at large. Liberating women—or men—from abusive partners, who rob them of their hard-earned personal financial rights and freedoms is a social imperative. Such abuse should not—and will not—be tolerated. The legislation I am proposing is a step towards ending such abuse and promoting social equality. This legislation should not be limited to a handful of countries. I call upon lawmakers, activists and allies in free societies around the world to promote similar measures. Let us together build a universal front to fight back against the most widespread form of exploitation. ## Transcript Hi, I'm Megan Leonhardt. I'm sitting here with Sally Krawcheck and were gonna talk a little bit about women and their wealth today. Sally, I want to ask, you've been a big proponent about women and getting them to save more. But what is it that women really need to be saving for, what are their goals that you've seen that they really need? What we found with women is that their goals aren't really, I just want more money. Their goals are yes, I want more money so I can start a business, buy a house, retire well, take that trip around the world. And again, it's really good, but so far, the number one goal is buy a home. Buy a home. Very interesting. We have a potentially historic election coming up for women in particular. Have you been following along? Any thoughts on this? I think it is an historic election regardless of which way it goes. [ LAUGH ] I try to stay away from politics. What I will tell you is interesting from a female Perspective. Yeah. It's not just that we have a female who's running for president, although that is historic. But that we're actually beginning to have a conversation about paid parental leave. Yes. Now as you're aware, we're the only developed country in the world who doesn't have it. Right. It is so costly for women as mothers. And what I think the conversation's beginning to move to is that a paid parental leave can actually be good, not just for the mothers and the babies and the families, but for the retirement savings process. There we go. There we go, which in this country is actually a woman's issue. And we can give women parental break. The longer a break we can give here, the more likely she is to come back to work. The more likely she is to contribute to Social Security and her 401k, right. And continue to earn and grow the economy. And there's actually recent research that shows that this pays off for companies in the first year. That's impressive. In the first year, so I managed to squiggle my way away from whatever Donald Trump question you wanted me to answer. [ LAUGH ] And I moved into something that I think matters. I do think it matters and this is really an important issue, certainly something we talk about at money all the time. So I appreciate you weighing in on it. 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