Abstract

Local community organisations, many of which began life as agents of community self defence and regeneration during a Post-Fordist era of massive job losses in the 1970s and 1980s, are now being transposed into low-cost deliverers of public services in competition with the private sector. More recently, this process increasingly involves injections of “social finance” from external private sources. This article offers a brief history of how the voluntary and community sector has been corralled into a marketized and financialized role where the primacy of business management replaces community need. As in other spheres, there has been a paradigm shift from Keynesian demand management to a neoliberal perspective of community and voluntary organizations’ role in society where they gradually replace the state—in many cases with their encouragement and willing participation. As third sector organizations deliver public services, private investors are rewarded on a payment per output basis. Three case studies show how financialization through external shareholder interests is becoming a force in public service delivery.

中文翻译：

---

社区发展的金融化：社会金融的作用

摘要

地方社区组织在1970年代和1980年代大量失业后的福特时代后，开始以社区自我防卫和复兴的力量起家，如今已转变为低成本的公共服务提供者，与私人竞争部门。最近，这一过程越来越多地涉及从外部私人来源注入“社会资金”。本文提供了一段简短的历史，介绍了如何将自愿和社区部门协调为市场化和金融化的角色，其中业务管理的首要地位取代了社区需求。和其他领域一样 从凯恩斯主义的需求管理到社区和志愿组织在社会中的角色的新自由主义观点已发生了范式转变，在这种情况下，社区和志愿组织逐渐取代了国家-在许多情况下是受到鼓励和自愿参与的。当第三部门组织提供公共服务时，私人投资者将获得按产出支付的报酬。三个案例研究表明，通过外部股东利益进行金融化如何成为公共服务提供中的力量。