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:
“... as women become free, economic, social factors, so becomes possible the full social combination of individuals in collective industry. With such freedom, such independence, such wider union, becomes possible also a union between man and woman such as the world has long dreamed of in vain.”
—Charlotte Perkins Gilman (1860–1935)
“The basis of world peace is the teaching which runs through almost all the great religions of the world. “Love thy neighbor as thyself.” Christ, some of the other great Jewish teachers, Buddha, all preached it. Their followers forgot it. What is the trouble between capital and labor, what is the trouble in many of our communities, but rather a universal forgetting that this teaching is one of our first obligations.”
—Eleanor Roosevelt (1884–1962)