Social Capital 2010

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Slide 1

Social Capital c 2011 Prof. S. S. Levine

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“The goodwill that is engendered by the fabric of social relations and that can be mobilized to facilitate action” Adler, P. S. & S-W Kwon (2002) Social Capital: Prospects for a New Concept, Academy of Management Review (27): 17-40 Social Capital Defined

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What Kind? Who Owns?

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A C B James Robert 6 7 5 1 3 2 4 Bridging vs. Bonding Source: Burt, Ronald (2002), p. 33

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What Kind? Who Owns?

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Direct Direct vs. Generalized Exchange Generalized

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Pay It Forward

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“ generalized exchange | propositions | methodology | results

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“ generalized exchange | propositions | methodology | results

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The touchstone of social capital is the principle of generalized exchange… “ “ I’ll do this for you now, without expecting anything immediately in return and perhaps without even knowing you, confident that down the road you or someone else will return the favor (Putnam 2000)

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Generalized Exchange is Universally Prevalent

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Distinguish between the “What is happening” and the “So what? Why does it matter?” chapters. What is the sub-hypothesis that Putnam advances in your chapter? e.g., the higher the social capital in a state is, the lower is the rate of violent crime What data are used to support the hypothesis? e.g., Putnam shows that educational performance has positive correlation with high social capital Provide critique of the data: e.g., argue why the data are insufficient to support the argument made or why the outcome can be caused by something other than social capital e.g., better schools may be the result of a state’s wealth, not its social capital Prepare a three minute presentation for the class Questions to Teams in Social Capital Session

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Return an expensive pen Assist a person with a broken leg Direct a blind person across the street How Well Do We Fare?

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Levine, Robert V. (2003) The Kindness of Strangers, American Scientist, 91 (3): 226

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Like financial and human capital, social capital is critical for the performance of individuals, organizations, and societies It can be earned and accumulated, but also depreciates and lost For performance – bridging capital For support – bonding capital Most people: high bonding, lack bridging Soc. cap. varies over time and regions People and societies can take concrete actions to increase it Conclusion

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