Mobilizing affect, shaping market subjects: Tracing the connections of neuroliberalism and social finance in youth homelessness projects

In this article, I take the framework of neuroliberalism as an analytical lens to explore the functioning and implementation of a social impact bond-funded welfare service for young homeless people in the UK. After reflecting on the lines of connections and divergences between social impact bonds an...

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Published inEnvironment and planning. A Vol. 53; no. 6; pp. 1356 - 1372
Main Author Wirth, Manuel
Format Journal Article
LanguageEnglish
Published London, England SAGE Publications 01.09.2021
Subjects
Online AccessGet full text
ISSN0308-518X
1472-3409
DOI10.1177/0308518X211009526

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Abstract In this article, I take the framework of neuroliberalism as an analytical lens to explore the functioning and implementation of a social impact bond-funded welfare service for young homeless people in the UK. After reflecting on the lines of connections and divergences between social impact bonds and neuroliberal logics, I draw attention to the limitations that exist in welfare interventions inspired by neuroliberal thought. On the one hand, the studied intervention functioned mainly through designing trustful, ideal-type relationships as a means to ‘fix’ people, thereby focusing on behavioural and biographical deficiencies and spreading good life ideals of a marketized world. On the other hand, I demonstrate how this focus on adjusting micro-contexts and tinkering with the affective, relational infrastructure fails to understand systemic constraints. Those were particularly evident with regard to the precarious labour market environment and colliding welfare agendas individuals were confronted with.
AbstractList In this article, I take the framework of neuroliberalism as an analytical lens to explore the functioning and implementation of a social impact bond-funded welfare service for young homeless people in the UK. After reflecting on the lines of connections and divergences between social impact bonds and neuroliberal logics, I draw attention to the limitations that exist in welfare interventions inspired by neuroliberal thought. On the one hand, the studied intervention functioned mainly through designing trustful, ideal-type relationships as a means to ‘fix’ people, thereby focusing on behavioural and biographical deficiencies and spreading good life ideals of a marketized world. On the other hand, I demonstrate how this focus on adjusting micro-contexts and tinkering with the affective, relational infrastructure fails to understand systemic constraints. Those were particularly evident with regard to the precarious labour market environment and colliding welfare agendas individuals were confronted with.
Author Wirth, Manuel
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Issue 6
Keywords behaviour change
Social impact investing
youth homelessness
neuroliberalism
marketization
Language English
License This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage).
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Title Mobilizing affect, shaping market subjects: Tracing the connections of neuroliberalism and social finance in youth homelessness projects
URI https://journals.sagepub.com/doi/full/10.1177/0308518X211009526
Volume 53
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