A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Financialization of Eldercare in a Nordic Welfare State (2024)

Hoppania, H.-K., Karsio, O., Näre, L., Vaittinen, T., & Zechner, M. (2024). Financialization of Eldercare in a Nordic Welfare State. Journal of Social Policy, 53(1), 26-44. https://doi.org/10.1017/S0047279422000137

JYU-tekijät tai -toimittajat

Julkaisun tiedot

Julkaisun kaikki tekijät tai toimittajat: Hoppania, Hanna-Kaisa; Karsio, Olli; Näre, Lena; Vaittinen, Tiina; Zechner, Minna

Lehti tai sarja: Journal of Social Policy

ISSN: 0047-2794

eISSN: 1469-7823

Julkaisuvuosi: 2024

Ilmestymispäivä: 29.03.2022

Volyymi: 53

Lehden numero: 1

Artikkelin sivunumerot: 26-44

Kustantaja: Cambridge University Press

Julkaisumaa: Britannia

Julkaisun kieli: englanti

DOI: https://doi.org/10.1017/S0047279422000137

Julkaisun avoin saatavuus: Avoimesti saatavilla

Julkaisukanavan avoin saatavuus: Osittain avoin julkaisukanava

Julkaisu on rinnakkaistallennettu (JYX): https://jyx.jyu.fi/handle/123456789/81593

Tiivistelmä

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.

YSO-asiasanat: julkiset palvelut; hoivapalvelut; vanhustenhuolto; yksityistäminen; markkinatalous; sosiaalipolitiikka; hyvinvointivaltio

Vapaat asiasanat: financialization; eldercare; Nordic welfare state; financialization of care; marketization of care

Liittyvät organisaatiot

Hankkeet, joissa julkaisu on tehty

OKM-raportointi: Kyllä

VIRTA-lähetysvuosi: 2022

JUFO-taso: 3