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FinCare - Analysing the financialisation of European care systems through a discursive institutionalism lens

Project description

Comparing how corporate investment in long-term elderly care is supported, normalised and questioned in Europe

In recent decades, systemic changes in Europe’s care economy have turned essential social services into profit-driven enterprises. While this creates investment opportunities, it also introduces systemic risks that compromise care standards, staff working conditions and patient outcomes. Supported by the Marie Skłodowska-Curie Actions programme, the FinCare project will investigate how the financialisation of long-term care is justified, normalised or challenged in European welfare systems. Using a discursive institutionalist framework that combines historical policy analysis, discourse analysis and social network analysis, it aims to provide the first cross-national analysis of how political narratives and coalitions influence the financialisation of long-term care in Austria, Ireland and the Netherlands.

Objective

FinCare investigates how the financialisation of long-term care is legitimised, normalised, or contested within European welfare states. Focusing on Austria, Ireland, and the Netherlands as contrasting but comparable cases, the project applies a Discursive Institutionalist framework and a multi-method qualitative design combining historical policy analysis, discourse analysis, and elements of social network analysis. By mapping the discourses of care financialisation, identifying enabling or constraining institutional mechanisms, and comparing patterns of political (de-)legitimation, FinCare will generate the first comparative account of how discourses and coalitions shape the financialisation of care. The project will advance scholarship by filling a critical gap in the literature on the role of institutions in the financialisation of welfare states, producing novel theory and conceptual tools adaptable to other policy domains, and strengthening interdisciplinary links between political sociology, social policy, and the political economy of care. Its findings will contribute to ongoing debates on equity, accountability, and sustainability in long-term care, directly informing policymaking through collaboration with European and international policy bodies. FinCare will also enhance the researcher’s career trajectory by consolidating expertise in comparative policy analysis and stakeholder engagement, positioning her as a recognised expert at the interface of research and policymaking. Societal impact will be achieved through open-access publications, targeted policy briefs, and wide dissemination to academic, policy, and civil society audiences.

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HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships

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(opens in new window) HORIZON-MSCA-2025-PF

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Coordinator

UNIVERSITAT WIEN
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 214 344,72
Address
UNIVERSITATSRING 1
1010 Wien
Austria

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Region
Ostösterreich Wien Wien
Activity type
Higher or Secondary Education Establishments
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Total cost

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