^ The concept of subjugation is conditioned with the perception of rights, both an induced or acquired perception. For example, freedom of speech is relatively a new idea but its proponents are more vocal about it these days because of the fact that dispensation of ideas has become a powerful weapon in the hands of two conflicting segments of the societies. They are either relatively powerless or those who want to control the mass reflection of social behavior of a society.
All I want to say is that subjugation may reflect a “living list”, however all what may be included in the fine print of list owes its existence from two main categories; 1) Right to live 2) Right to decide how to live. Where no one, in this day and age, would contest and compete against the freedom of right to live, many may be antagonist to an idea of “right to decide”, especially when the responsibility of decision making is considered as a privilege rather than an onus.
Let’s take “right to decide” as a starting point for your rationale, its ramification and its off-shoot of financial independence. Is a financially independent woman more emancipated, if so what is the cost, both tangible and intangible
Sure lets discuss and see where it takes us. I would say that even the "Right to live" is contested in many parts of the world based on gender. This was something as we know was put an end to with Islam, as lucidly as it can be.
As you mentioned, and I agree, the right to decide, is accepted by many as a privilege as opposed to a responsbility. Yet those who bask in this privilege mostly abdicate themselves from its responsibility when questioned for its misuse.
Financial independence is a means to gain a share in the right to decide in societies or families where it is held as a privilege. This is probably IMO the root of insecurity it breeds in male dominated households. Those who view it as a privilege, obviously humans do not like to share in power or privilege. So really the perception here sets up our perverse behavior when viewing a woman as an equal share holder in a privilege that the man feels empowered to.
Now to your question if whether a financially independent woman is emancipated? I think I would first like to discuss, emancipated from what? What are the factors from which we are to view her as gaining emancipation. Does the role of a husband in Islam diminish with the financial independence of a woman? The roles of husband as part of the family in western and Islamic societies are different so the question cannot be answered similarly as the underlying ideology is what creates the perception of emancipation.