Financialization of Eldercare in a Nordic Welfare State
Autor: | Olli Karsio, Minna Zechner, Tiina Vaittinen, Lena Näre, Hanna-Kaisa Hoppania |
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Přispěvatelé: | Tampere University, Unit of Social Research, Health Sciences |
Jazyk: | angličtina |
Rok vydání: | 2022 |
Předmět: |
sosiaalipolitiikka
Public Administration Nordic welfare state markkinatalous financialization hoivapalvelut Management Monitoring Policy and Law vanhustenhuolto 3142 Public health care science environmental and occupational health marketization of care 5142 Social policy hyvinvointivaltio financialization of care 5141 Sociology eldercare yksityistäminen julkiset palvelut Social Sciences (miscellaneous) |
Popis: | The increasing presence of for-profit service providers in publicly-funded eldercare has transformed care in Nordic welfare states which have a strong tradition of public care provision. Macro-level research on care policies has mainly focused on public institutions, national policies, and marketization. The financialization of eldercare has not received much scholarly attention, and existing studies mostly focus on the UK. The financialization of eldercare refers to the ways in which care is both a site of profit extraction and financial engineering. The Nordic system is relatively universal, and, with rapidly ageing demographics, there is a secured demand for eldercare services. However, these services have been heavily marketized over the past two decades, opening up lucrative possibilities for financialized actors who have established a stronghold over the markets. We analyse these processes through selected empirical examples from Finland, and argue that the financialization of eldercare in the Nordic context demands attention as we are witnessing a new configuration between the constitutional order of the welfare state, public finances, and private profit which is neither transparent, nor democratic. |
Databáze: | OpenAIRE |
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