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The impact of financialisation on public health in times of COVID‐19 and beyond
Author(s) -
Gouzoulis Giorgos,
Galanis Giorgos
Publication year - 2021
Publication title -
sociology of health and illness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.146
H-Index - 97
eISSN - 1467-9566
pISSN - 0141-9889
DOI - 10.1111/1467-9566.13305
Subject(s) - public health , socioeconomic status , real estate , health care , politics , covid-19 , perception , public economics , business , political science , economics , sociology , economic growth , finance , psychology , medicine , population , demography , nursing , disease , pathology , neuroscience , infectious disease (medical specialty) , law
The substantial literature in political economy and sociology has shown that the increasing importance of financial activities (financialisation) exhibits significant effects on many socioeconomic conditions. While these conditions are relevant to public health, the dominant focus of the literature has been centred on the impact of financial markets on health services and health‐care systems. This paper analyses how the financialisation of non‐financial corporations, real estate and pensions can worsen public health through the transformation of workplace and living conditions as well as financially dependent social groups' perception of health risk. Our analysis raises several questions which aim to provide the basis of a future research agenda on the effects of financialisation on public and global health.