Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized Adults
Growing inequality and wealth depletion characterize the past three decades of life in the United States. In response, social work scholars developed financial capability and asset building interventions that account for structural market inequality. Yet, important constructs of hope (a sense of ag...
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| Format: | Article |
| Language: | English |
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Social Work & Society
2022-01-01
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| Series: | Social Work and Society |
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| Online Access: | http://132.195.130.183/index.php/sws/article/view/1663 |
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| author | Amy Castro Chenyi Ma Claudette Grinnell Davis Meagan Cusack |
| author_facet | Amy Castro Chenyi Ma Claudette Grinnell Davis Meagan Cusack |
| author_sort | Amy Castro |
| collection | DOAJ |
| description |
Growing inequality and wealth depletion characterize the past three decades of life in the United States. In response, social work scholars developed financial capability and asset building interventions that account for structural market inequality. Yet, important constructs of hope (a sense of agency in the face of uncertainty) and mattering (awareness, importance, and reliance) may be missing from financial interventions. We employ a human capability approach for testing these assertions among 140 low-income adults participating in an economic mobility intervention. Bivariate simple regressions and multivariate sequential regressions assess the relationships between economic agency, mattering, religiosity and spirituality, and hope. Findings indicate that only reliance (the degree to which others voluntarily trust us) is associated with economic agency, suggesting that in a market where pathways out of poverty continue shrinking, meaningful human connection and relational vulnerability can return a measure of agency, humanity, and self-determination despite extreme market duress.
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| format | Article |
| id | doaj-art-4dd1af171d1d4b98b3f771e3b75822bb |
| institution | Kabale University |
| issn | 1613-8953 |
| language | English |
| publishDate | 2022-01-01 |
| publisher | Social Work & Society |
| record_format | Article |
| series | Social Work and Society |
| spelling | doaj-art-4dd1af171d1d4b98b3f771e3b75822bb2025-08-20T03:58:32ZengSocial Work & SocietySocial Work and Society1613-89532022-01-01192Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized AdultsAmy CastroChenyi MaClaudette Grinnell DavisMeagan Cusack Growing inequality and wealth depletion characterize the past three decades of life in the United States. In response, social work scholars developed financial capability and asset building interventions that account for structural market inequality. Yet, important constructs of hope (a sense of agency in the face of uncertainty) and mattering (awareness, importance, and reliance) may be missing from financial interventions. We employ a human capability approach for testing these assertions among 140 low-income adults participating in an economic mobility intervention. Bivariate simple regressions and multivariate sequential regressions assess the relationships between economic agency, mattering, religiosity and spirituality, and hope. Findings indicate that only reliance (the degree to which others voluntarily trust us) is associated with economic agency, suggesting that in a market where pathways out of poverty continue shrinking, meaningful human connection and relational vulnerability can return a measure of agency, humanity, and self-determination despite extreme market duress. http://132.195.130.183/index.php/sws/article/view/1663HopeMatteringEconomic MobilityFinancial CapabilityInequality |
| spellingShingle | Amy Castro Chenyi Ma Claudette Grinnell Davis Meagan Cusack Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized Adults Social Work and Society Hope Mattering Economic Mobility Financial Capability Inequality |
| title | Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized Adults |
| title_full | Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized Adults |
| title_fullStr | Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized Adults |
| title_full_unstemmed | Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized Adults |
| title_short | Hope, Mattering, and Pathways Towards Economic Agency among Financially Marginalized Adults |
| title_sort | hope mattering and pathways towards economic agency among financially marginalized adults |
| topic | Hope Mattering Economic Mobility Financial Capability Inequality |
| url | http://132.195.130.183/index.php/sws/article/view/1663 |
| work_keys_str_mv | AT amycastro hopematteringandpathwaystowardseconomicagencyamongfinanciallymarginalizedadults AT chenyima hopematteringandpathwaystowardseconomicagencyamongfinanciallymarginalizedadults AT claudettegrinnelldavis hopematteringandpathwaystowardseconomicagencyamongfinanciallymarginalizedadults AT meagancusack hopematteringandpathwaystowardseconomicagencyamongfinanciallymarginalizedadults |