Social impact bonds: the next horizon of privatization | Sarah Ryan & Margot Young

by Graham H. Cox last modified 2018-06-19T14:31:16-04:00
"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." The authors are both researchers at the Canadian Union of Public Employees (CUPE).
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