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(1989). Journal of American Academy of Psychoanalysis, 17:321-328

Power, Gender, and Money

Sheila Klebanow, M.D.

Money makes the world go ‘round. There are many reasons why people want and need to acquire money. In our society people have to earn money so as to make a living. Money is a vehicle necessary to provide for the means of existence—to support oneself and one's family—to pay the rent or the mortgage on the apartment or house, to purchase food and clothing, to send one's children to school, to invest and increase one's wealth, to save for retirement and old age, to provide for a wide spectrum of recreational activities, hobbies, and fun as one's income allows, and to pay taxes.

Psychologically, money has many meanings. Most importantly it represents an avenue of autonomy and self-esteem. A man or woman who works and earns money to support himself or herself and loved ones will feel better for so doing. It is self enhancing to rely on oneself and not on parents, children, friends, or the welfare state to provide for one's basic economic needs. It is damaging to self-est

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