{"title":"Social impact bonds: the next horizon of privatization","authors":"S. Ryan, M. Young","doi":"10.1080/07078552.2018.1440985","DOIUrl":null,"url":null,"abstract":"Abstract This paper shows how Social Impact Bonds (SIBs) serve to expand privatization in areas of social reproduction and care work. SIBs extend neoliberalism and austerity in the social care sector through the financialization of care work. They open these domains as a new frontier for investment markets, creating inequity for already marginalized groups. The paper concludes with an overview of the SIB landscape in Canada and explores its possibilities for growth.","PeriodicalId":39831,"journal":{"name":"Studies in Political Economy","volume":"99 1","pages":"42 - 58"},"PeriodicalIF":0.0000,"publicationDate":"2018-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/07078552.2018.1440985","citationCount":"13","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Studies in Political Economy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/07078552.2018.1440985","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 13
Abstract
Abstract This paper shows how Social Impact Bonds (SIBs) serve to expand privatization in areas of social reproduction and care work. SIBs extend neoliberalism and austerity in the social care sector through the financialization of care work. They open these domains as a new frontier for investment markets, creating inequity for already marginalized groups. The paper concludes with an overview of the SIB landscape in Canada and explores its possibilities for growth.
期刊介绍:
Studies in Political Economy is an interdisciplinary journal committed to the publication of original work in the various traditions of socialist political economy. Researchers and analysts within these traditions seek to understand how political, economic and cultural processes and struggles interact to shape and reshape the conditions of people"s lives.