2023-09-28 14:46:10 +00:00
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abstract: 'The transition to a financialized economy has had a devastating impact
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on workers and consumers and exacerbated wealth and income inequality in
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the United States and around the world. In this article, the authors
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explain financialization, a two-fold economic strategy whereby
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individual corporations invest in the financial market- rather than make
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capital improvements- to earn a profit and global and domestic economies
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heavily invest in and depend upon financial, insurance, and real estate
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(FIRE) ventures. If the social work profession is to meet its obligation
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to promote social and economic justice, practitioners and students must
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understand this economic strategy and its consequences. The social work
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education, practice, and policy literature elaborates upon the role that
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practitioners can play in helping clients achieve financial literacy.
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This reflects a largely micro approach to the problems created and
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maintained by financialization. Macro interventions are required,
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however, since financialization is indicative of and exacerbates
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systemic economic inequality. Therefore, the authors identify suggested
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content for the generalist and foundation practice, policy, field, and
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continuing education curricula that identifies the knowledge and skills
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needed to help clients with their financial difficulties and challenges
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the underlying economic forces that contributed to them.'
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affiliation: 'Knight, C (Corresponding Author), Univ Maryland Baltimore Cty, Sch Social
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Work, Baltimore, MD 21250 USA.
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Knight, Carolyn; Belcher, John, Univ Maryland Baltimore Cty, Baltimore, MD USA.
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Knight, Carolyn, Univ Maryland Baltimore Cty, Sch Social Work, Baltimore, MD 21250
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USA.'
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author: Knight, Carolyn and Belcher, John
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author-email: knight@umbc.edu
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author_list:
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- family: Knight
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given: Carolyn
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- family: Belcher
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given: John
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da: '2023-09-28'
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doi: 10.1080/08841233.2022.2120168
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eissn: 1540-7349
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files: []
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issn: 0884-1233
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journal: JOURNAL OF TEACHING IN SOCIAL WORK
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keywords: 'Financialization; income and wealth inequality; macro practice; field
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education; policy practice'
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keywords-plus: 'UNITED-STATES; US; LITERACY; JUSTICE; FINANCIALISATION; SURVIVORS;
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COVID-19; POLITICS; POLICY; AGENDA'
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language: English
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month: JAN 1
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number: '1'
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number-of-cited-references: '89'
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pages: 20-42
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papis_id: 617a800f595eab3c60aea1e9baa427ea
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ref: Knight2023financializationsyst
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times-cited: '0'
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title: 'Financialization and Systemic Income Inequality: A Call to Action for Social
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Work Educators and Practitioners'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000906106600002
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usage-count-last-180-days: '0'
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usage-count-since-2013: '0'
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volume: '43'
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web-of-science-categories: Education \& Educational Research
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year: '2023'
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