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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
MPWSheryl Sandberg

Sheryl Sandberg’s Fall from Grace and What It Can Teach Working Women

Kristen Bellstrom
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Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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November 28, 2018, 11:31 AM ET
Facebook COO Sheryl Sandberg
Facebook COO Sheryl Sandberg testifies before the Senate Intelligence Committee on Capitol Hill in Washington, DC, on September 5, 2018. Jim Watson—AFP/Getty Images
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Am I the only one who had some, um, lively discussions about Sheryl Sandberg with friends and family over the Thanksgiving weekend?

Even for people who don’t typically follow Facebook or its COO, the (increasingly dire) reports about the social media giant in the past few weeks have proved hard to ignore.

It started, of course, with the New York Times’ blockbuster expose of the company’s attempts to downplay the Cambridge Analytica and Russian meddling scandals—and the disclosure that it hired shady comms firm Definers to discredit anti-Facebook demonstrators. Sandberg, who was strongly implicated in the bad behavior, initially denied knowing about the firm. Then, the day before Thanksgiving, she admitted that she had in fact “received a small number of emails where Definers was referenced.”

The one-two punch of the report, followed by Sandberg’s Definers flip-flop, unleashed a flood of coverage of the COO. She should resign! She’s taking the fall for Mark Zuckerberg! She’d be out of a job—but Facebook can’t fire her because she’s a woman! She’s “forever tainted!” She can’t be both a “towering feminist” and a “formidable chief operating officer!”

For me, making sense of all the reveals and hot takes has meant learning to hold two seemingly contradictory beliefs at the same time. One: Sandberg’s gender matters, and is inextricable from the way she’s being judged. Two: Sandberg’s gender doesn’t matter, and has nothing to do with the fact that she’s accountable for her actions as COO.

Some commenters have asked what the newly tarnished view of Sandberg, arguably the world’s best-known businesswoman, means for professional women. But I’m not convinced that’s the right question. When we talk about representation and the power of putting women in C-suite roles like chief operating officer, someone always quotes the popular refrain: “If you can see it, you can be it.” In reality though, we can’t be Sheryl Sandberg. She’s a singular case—as much a celebrity and cultural icon as an executive.

Perhaps the better question for working women is what can we learn from Sandberg and her apparent fall from grace? Here’s one thing I’ll take away: True equality means leaning in to power—and bearing the full weight of the repercussions for using it unwisely.

This essay originally appeared in the Nov. 28 edition of The Broadsheet, Fortune’s newsletter about the world’s most powerful women. Want to read more? Subscribe here.

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