In sociology, social capital is the expected collective or economic benefits derived from the preferential treatment and cooperation between individuals and groups. Although different social sciences emphasize different aspects of social capital, they tend to share the core idea "that social networks have value". Just as a screwdriver (physical capital) or a university education (cultural capital or human capital) can increase productivity (both individual and collective), so do social contacts affect the productivity of individuals and groups".
Read more about Social Capital: Background, Evaluating Social Capital, Definitions, Forms, and Measurement, Relation With Civil Society, Social Capital and Women's Engagement With Politics, Effects On Health, Effects of The Internet, Effects On Educational Achievement, In Geography, Negative Social Capital
Famous quotes containing the words social and/or capital:
“We all participate in weaving the social fabric; we should therefore all participate in patching the fabric when it develops holes—mismatches between old expectations and current realities.”
—Anne C. Weisberg (20th century)
“There exists, between people in love, a kind of capital held by each. This is not just a stock of affects or pleasure, but also the possibility of playing double or quits with the share you hold in the other’s heart.”
—Jean Baudrillard (b. 1929)