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The assets agenda and social policy

By: PRABHAKAR, Rajiv.
Material type: materialTypeLabelArticlePublisher: Wiley-Blackwell, february2009Social Policy & Administration 43, 1, p. 54-69Abstract: The assets agenda or asset-based welfare has provoked much interest in recent times. This approach insists that the stock of assets that a person owns is an important element of well-being. The assets agenda is not a unified body of thought. However, there is a common failure to distinguish between these different parts, and this clouds rather than clarifies debates. This article seeks to add analytical clarity to current debates about asset-based welfare. I distinguish between social policy and citizenship, and consider their implications for social policy. This discussion is important because analytical clarity is a precondition for a balanced assessment of asset-based welfare
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The assets agenda or asset-based welfare has provoked much interest in recent times. This approach insists that the stock of assets that a person owns is an important element of well-being. The assets agenda is not a unified body of thought. However, there is a common failure to distinguish between these different parts, and this clouds rather than clarifies debates. This article seeks to add analytical clarity to current debates about asset-based welfare. I distinguish between social policy and citizenship, and consider their implications for social policy. This discussion is important because analytical clarity is a precondition for a balanced assessment of asset-based welfare

Asset-based welfare • Social policy • Citizenship • Assets agenda • Child Trust Fund

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