Capitalism ONLY values waged work. Not mens work, it's gender neutral in that respect. Capitalism doesn't value unwaged work.
Capitalism values waged work because of the surplus value (profit) created through waged work.
Capitalism doesn't give two hoots who does the waged work.
Capitalism has historically required labour with certain skills or natural attributes such as strength, or later empathy and affective labour skills at different times.
Capitalism creates inequalities wilfully to exploit....ie unwaged domestic work and care is women's work therefore we can either super exploit this type of labour through waged labour ie nursery workers or through super exploitation of value created being unrecognised unpaid within the private sphere.
Capitalism shifted from the fordist, to the post fordist to now neoliberal (the neoliberal subject is feminine) and we see service sector, soft skills, caring work, wellbeing work requiring different skills. This coincides with marketisation of care and child care where capitalism starts to reinvent itself desperately because it can find no other outlets for its profit making.....it encroaches into the private sphere. So now we see women super exploited for waged and unwaged labour working in jobs previously unwaged such as nursery care and domiciliary care only because capitalism can make a profit out of what was previously private life. Its too complicated, but there are other factors as to why women are super exploited under capitalism, and how this works.
But capitalism doesn't see race or sex, it simply creates inequalities based on those characteristics because historically its driven to, its not through conscious design.
Despite a few generations where one wage kept a family, capitalism has never valued unwaged domestic work or childcare. But capitalism has always profited from it.
In order to profit from work that would otherwise be unpaid capitalism must create the conditions where it can encroach into this sphere.....ie more women work, more women pay for child care, we profit from childcare being waged work because we exploit this for profit. We employ women on low wages because its women's work haha haha silly women haha and off to the bank!