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Illustration: Lazaro Gamio/Axios

A record number of women running for office in America. The #MeToo movement taking down men worldwide. Ireland voting two-to-one to legalize abortion. Some Silicon Valley companies promising to make 50% of their workforce female. Young women increasingly dominating men in high school and college classrooms. 

Why it matters: Everywhere you look, women are rising and forcing results. It's sparking debate about whether this is a landmark, '60s-style liberation and empowerment — but on a global stage. 

  • Sen. Amy Klobuchar (D-Minn.), who successfully pushed for legislation mandating sexual harassment training in the Senate, tells Axios: "[T]here was bound to come a moment when the unfairness of it all bubbled over into electoral success. ... [W]hy does it suddenly feel like a mass movement — a.k.a., a global juggernaut? I would say that a lot of women have been waiting in the wings wondering if they can do it, and suddenly they are."
  • Katie Couric, who recently examined gender equality in a National Geographic episode called "The Revolt," adds: "It feels like a historic, watershed moment. ... Think of what we can accomplish when more than half the population has a real seat at the table.”
  • Tech companies are trying to improve their perpetual gender imbalance, the Financial Times reports, by "training staff in unconscious bias, ... insisting that shortlists include women, improving referral incentives, ... enhancing maternity rights and showcasing female role models on social media."

The data:

  • After upsetting headlines about harassment in Silicon Valley, women feel increasingly empowered and hopeful. Tech companies are taking steps to improve figures for women in their workforces, which range from 45% at Pinterest to 35% at Facebook to 26% at Microsoft, according to Recode.
  • Women will account for 55% of the full-time undergraduates in U.S. colleges this fall, according to a Department of Education projection, a trend that led The Atlantic to call men the "new minority on campus."
  • A record number of women are running for Congress this fall, and the N.Y. Times calculates that roughly half of the women running in primaries have won so far. Cook Political's David Wasserman says this Democratic primary season "is defined by women trouncing men," with women winning in 69% (45 of 65) of races where they faced a male non-incumbent.
  • From the Senate, Klobuchar cites this stark statistic: More than 1,900 men have been U.S. senators. Only 52 women have been senators in the history of the country — and 23 are serving today.

The trend looks like a third spike in the century-long women's revolution:

  • The themes — the rise of women politicians, outrage against sex crimes, the secularization of Europe — aren't new. If you include Anita Hill's 1991 Senate appearance during the confirmation hearing for Justice Clarence Thomas, they go back decades. But they are a culmination. 
  • Leandra Zarnow, a history professor at the University of Houston, traces it back four decades, "reflecting persistent activism by women to make inroads into politics and policy, before and ever since women leaned on the United Nations to declare 1975 International Women’s Year."
  • Zarnow tells us that what we are watching is different, a long time coming, and around the world — "a global upsurge of outrage and engagement around women’s rights that feels different because of its hefty volume and tone."
  • The first wave, going back to the 19th and early 20th centuries, brought women the right to vote. After the suffragettes, the second acknowledged wave started in the 1960s and took up pay, sex, reproduction, abortion and general equality. 
  • After that, gender historians divide, identifying third and even fourth waves. But we're clearly witnessing a distinct and powerful societal shift.

Be smart: Despite the promising current surge, equality for women remains elusive and distant. As Zarnow put it: "The 21st century is not a post-feminist era. More work needs to be done." 

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Go deeper

Top economic regulators stressed by vacancies

Illustration: Annelise Capossela/Axios

The boom times are all around us (from corporate deal sprees to the breakneck rise of cryptocurrency) — and the agencies in charge are stretched thin trying to police it.

Why it matters: Overwhelmed staff and a slew of vacant posts could set back President Biden's big regulatory agenda.

GOP Sen. Chuck Grassley announces run for re-election

Photo: Greg Nash/The Hill/Bloomberg via Getty Images

Sen. Chuck Grassley (R-Iowa), the longest-serving Senate Republican, announced on Friday that he's running for re-election in 2022.

Why it matters: The GOP is looking to regain control of both chambers of Congress in the upcoming midterm elections. Several Republicans had urged the 88-year-old senator to run to avoid another retirement after five incumbent senators said they wouldn't seek re-election.

China deems all cryptocurrency transactions illegal

A person walking past China's central bank in Beijing in August 2007. Photo: Teh Eng Koon/AFP via Getty Images

China's central bank declared on Friday that all cryptocurrencies are illegal, banning crypto-related transactions and cryptocurrency mining, according to Reuters.

Why it matters: China's government is now following through with its goal of cracking down on unofficial virtual currencies, which it has said are a financial, social and national security risk and a contributor to global warming.