Research on Market-based Mutual Assistance Mechanisms for Obtaining Developmental Social Welfare Resources
The relationship between welfare and the market constitutes a central topic in social welfare theory.Development-oriented social welfare policies provide policy instruments for opening welfare to the market.Consequently,establishing a welfare delivery mechanism that aligns with the market becomes crucial for operational transformation.Research has revealed that market-based mutual assistance mechanisms,which have long been on the fringes of the social mutual assistance system,can offer a market-oriented solution to issues of people's livelihood and welfare.In the practice of matching welfare needs with market supply,five types of market-based mutual assistance operational mechanisms have initially taken shape,including social investment or social finance,asset-building,commercial insurance,the social enterprise model,and the ESG(Environmental,Social,and Governance)corporate sustainability strategy.These mechanisms enhance the market function of social security through the"re-marketization"of social value elements,shifting the welfare connotation from material welfare to capacity welfare.They provide inclusive social protection for low-income groups,individuals facing employment difficulties,vulnerable families,fragile environments,and other such entities.
moral economysocial welfare theorymarket-based mutual assistance mechanismsre-marketization