Jesscollins

Like almost any form of capital social capital can also be put to ends that harm other people

Like almost any form of capital, social capital can also be put to ends that harm other people. The links and trust that allow drug cartels and criminal gangs to operate are a form of social capital, albeit one that the rest of us could do without. Companies and organisations can also suffer if they have the wrong sort of social capital –relationships between colleagues that are too inward-looking and fail to take account of what’s going on in the wider world. Conversely, social capital can also help businesses. In Bowling Alone, Putnam attributes a large part of the success of Silicon Valley in the United States to formal and informal co-operation between start-up companies in the area.

 2020-07-23   Admin

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