Social Capital
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| + | Social capital contains social networks and social agencies in economic development (Gregory et al, 2009). Social capital can be described as a concept of social contacts who affect the productivity of individuals and groups. In general this means the actual or potential resources available in a (individual) society who form social structures. Those resources can also be linked to group-membership, which provides each of its members with the backing of the collectivity-owned capital, a ‘credential’ which entitles them to credit, in the various senses of the word. | ||
| - | + | The term social capital originated by the sociologist Emile Durkheim[http://nl.wikipedia.org/wiki/Emile_Durkheim], but the term received more attention when Pierre Bourdieu[http://geography.ruhosting.nl/index.php/Pierre_Bourdieu] wrote about this phenomenon. He used the term to produce or reproduce inequality (Bourdieu,1986). Since that time the science has used the concept social capital in many different ways. Mainly to show that culture is quite sensible to economics and policy science. Nevertheless is the importation of culture into economics insufficient, but used because this shows how social relations might function as an assurance a certain kind of economic transactions. Social capital is also an insurance in times of crisis or to protect themselves from the risk of an crisis. Regarding social capital there also exist obligations that give economic returns to the individual holder. | |
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| - | + | == Further explored == | |
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| + | == References == | ||
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| + | Bourdieu, P. (1986). ''The forms of capital''. Retrieved from[http://bbs.knue.ac.kr/~edupolicy/lib._.brd/_1.116_/education.pdf] | ||
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| + | Gregory, D., Johnston, R., Pratt, G., Watts, M., Whatmore, S. (2009). The dictionary of human geography (5th edition). United Kingdom; Wiley-Blackwell. | ||
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| + | Nahapiet, J. and Ghoshla, S. (1998). Social Capital, Intellectual Capital and the Organizational Advantage. ''Academy of Management Review''. Vol. 23. No. 2. 242-266.[http://www.jstor.org/stable/10.2307/259373] | ||
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| + | Portes, A. (1998). Social Capital; Its Origins and Applications in Modern Sociology. ''Annual Review of Sociology.'' Vol. 24. (1998), pp. 1-24.[http://www.soc.washington.edu/users/matsueda/Portes.pdf] | ||
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| + | == Contributers == | ||
Published by Bernard Jansen & Sonny Joziasse | Published by Bernard Jansen & Sonny Joziasse | ||
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| + | Edited by Renate van Haaren, 6 Oktober 2012 | ||
Revision as of 13:56, 6 October 2012
'THIS PAGE IS UNDER EDITING CONSTRUCTION'
Social capital contains social networks and social agencies in economic development (Gregory et al, 2009). Social capital can be described as a concept of social contacts who affect the productivity of individuals and groups. In general this means the actual or potential resources available in a (individual) society who form social structures. Those resources can also be linked to group-membership, which provides each of its members with the backing of the collectivity-owned capital, a ‘credential’ which entitles them to credit, in the various senses of the word.
The term social capital originated by the sociologist Emile Durkheim[1], but the term received more attention when Pierre Bourdieu[2] wrote about this phenomenon. He used the term to produce or reproduce inequality (Bourdieu,1986). Since that time the science has used the concept social capital in many different ways. Mainly to show that culture is quite sensible to economics and policy science. Nevertheless is the importation of culture into economics insufficient, but used because this shows how social relations might function as an assurance a certain kind of economic transactions. Social capital is also an insurance in times of crisis or to protect themselves from the risk of an crisis. Regarding social capital there also exist obligations that give economic returns to the individual holder.
Further explored
References
Bourdieu, P. (1986). The forms of capital. Retrieved from[3]
Gregory, D., Johnston, R., Pratt, G., Watts, M., Whatmore, S. (2009). The dictionary of human geography (5th edition). United Kingdom; Wiley-Blackwell.
Nahapiet, J. and Ghoshla, S. (1998). Social Capital, Intellectual Capital and the Organizational Advantage. Academy of Management Review. Vol. 23. No. 2. 242-266.[4]
Portes, A. (1998). Social Capital; Its Origins and Applications in Modern Sociology. Annual Review of Sociology. Vol. 24. (1998), pp. 1-24.[5]
Contributers
Published by Bernard Jansen & Sonny Joziasse
Edited by Renate van Haaren, 6 Oktober 2012
