Books On Social
Capital, Bibliography, Abstracts and Articles, Human Capital, Capital
accumulation, Capital, Human Capital Accumulation
Social capital is trust, norms and networks that
facilitate cooperation for mutual benefit - Putnam
Social capital is an analogous term to human capital, which was
itself created by analogy to the term physical capital - Michael B. Spring
The term social capital is now common among political and academic
elites, though the term remains relatively unfamiliar to the general public
Physical capital in an organization would be the things that are owned by the
corporation - the computers, buildings, manufacturing equipment, so on. There are well
defined measures by which the value of the physical capital might be defined.
"Capital can present itself in three fundamental guises: as economic capital,
which is immediately convertible into money and may be institutionalised in the form of
property rights; as cultural capital, which is convertible, on certain conditions, into
economic capital and may be institutionalised in the form of educational qualifications;
and as social capital, made up of social obligations (connections), which is
convertible, in certain conditions, into economic capital and may be institutionalised in
the form of a title of nobility." - Bourdieu
The human capital in an organization consists of the workers in an organization.
There are a variety of measures by which human capital might be measured. Intertwined with
the human capital would seem to be another kind of capital. We might imagine a widget
salesman in Pittsburgh who does a wonderful business, but fails to sell widgets in
Cleveland. We might further imagine that over the years in Pittsburgh, the salesman
developed relationships with clients that allowed for high sales. Moving to Cleveland, the
salesman now had to complete with another widget salesman who had extensive relationships
with his or her clients. People continued, in a reasonably competitive market to work with
the person they knew and trusted. These relationships of trust might represent social
capital squandered when the salesman left Pittsburgh, and an example of the competition
between social and human capital in Cleveland.
Well, that may be one example of social capital. Think about the person who always
seems to know someone with whom they can barter or get something wholesale. Why? Is it
magic or is it something that might be described as social capital. We could call it
friendships. We could call it pay backs. We could call it social capital - investment in a
"The function identified by the concept of social capital is the
value of these aspects of social structure to actors as resources that they can use to
achieve their interests" - Coleman. Coleman defines social capital, not by what it
is, but by what it does.
Human Capital is the talents and capabilities that
individuals contribute to the process of production. Human capital also refers to
the sum total of skills and knowledge embodied in the ability to perform labor so as to
produce economic value. Companies, governments and
individuals can invest in this human capital just as they can invest in
technology and buildings or in finances.
Abstracts and Articles
Measuring social capital:
Towards a theoretically informed measurement framework for researching social capital in
family and community life. by Wendy Stone. Research paper no.24, Australian Institute of
To inform the Institute's Families, Social Capital and Citizenship project, this paper
contributes to the development of clear links between theorised and empirical
understandings of social capital by: establishing a theoretically informed measurement
framework for empirical investigation of social capital; and reviewing existing measures
of social capital in light of this framework. The paper concludes with a statement of
guiding principles for the measurement and empirical investigation of social capital in
family and community life.
Community formation and social capital in Australia , Dimitria
Giorgas. This paper explores ethnic community formation and social capital among six
groups: Germans, Dutch, Hungarians, Poles, Italians and Greeks. It argues that social
capital within the family is particularly important in overcoming deficiencies in other
forms of capital; although it can only be successfully utilised when close relations exist
between parents and children. Thus cultures that place greater emphasis on the family and
are collectivist in nature, such as Greeks and Italians, are more likely to utilise social
capital. In contrast cultures that have an individualistic focus, for example, Germans and
Hungarians, are more likely to under-invest in social capital. -
Social Capital: Reviewing the Concept and its Policy Implications
Productivity Commission Research Paper released on 25 July 2003, 100pp. Contents include
The conceptual literature on social capital; The empirical evidence on social capital;
Social capital and policy analysis; Some policy ideas aimed at enhancing social capital. -
Towards and theorised understanding of family life and social
capital, Ian Winter. Families are typically thought of as the wellspring of civil society
and an important source of social capital. The aim of this Working Paper is to bring the
relationship between families and social capital under some scrutiny. The paper defines
the concept of social capital and reviews the literature on social capital within and
beyond family networks. - aifs.org.au/institute/pubs/WP21.pdf
Social Capital: The missing link Christian Grootaert (World Bank). SCI Working Paper No.
3, April 1998. It has now become recognized that the "traditional" types of
capital (natural, physical and human) determine only partially the process of economic
growth because they overlook the way in which the economic actors interact and organize
themselves to generate growth and development. The missing link is social capital. -
Measuring social capital towards a theoretically informed measurement framework for
researching social capital in family and community life, Wendy Stone. Is is available as a
PDF version. This publication provides a review of measurement tools and a theoretical
framework for future social capital research. - aifs.org.au/institute/pubs/RP24.pdf
Social Capital as Credit - Social capital, or aggregate reputation,
is a form of credit. Some formal transactions can be supported by social capital. Informal
transactions are rarely underpinned by financial credit or legal agreement and instead
rely entirely social capital. We all have our internal calculators keeping tacit track of
who is doing wrong and who is doing right, the health of the relationships and adjusting
our actuarial tables according to experience.
Social Capital Bibliography
Amato, P. (1998), More than money? Mens contributions to their
childrens lives, Chapter 13 in A. Booth & A. Creuter (eds) Men In
Families: When Do They Get Involved? What Difference Does It Make?, Lawrence Erlbaum, New
ABS (1997), Australian Social Trends 1997, Australian Bureau of Statistics, Catalogue No.
Baum, F., Palmer, C., Modra, C., Murray, C. & Bush, R. (2000), Families, social
capital and health, Chapter 10 in I. Winter (ed.) Social Capital and Public Policy
in Australia, Australian Institute of Family Studies, Melbourne.
Beck, U. (1992), Risk Society: Towards a New Modernity, Sage, London.
Becker, G. (1981), Treatise on the Family, Harvard University Press, Harvard.
Bourdieu, P. (1993), Sociology in Question, Sage, London.
Coleman, J. (1988), Social capital in the creation of human capital, American
Journal of Sociology, vol. 94, S. 95-120.
Coleman, J. (1988a), The creation and destruction of social capital: implications
for the law, Notre Dame Journal of Law, Ethics and Public Policy, vol. 3, pp.
Cox, E. ( 1995), A Truly Civil Society, ABC Books, Sydney.
Finch, J. (1989), Family Obligations and Social Change, Polity Press, Cambridge.
Finch, J. & Mason, J. (1993), Negotiating Family Responsibilities, Routledge, London.
Foley, M. & Edwards, B. (1997), Escape from politics? Social theory and the
social capital debate, American Behavioural Scientist, vol. 40, no. 5, pp. 550-561.
Fukuyama, F. (1995), Trust: The Social Virtues and the Creation of Prosperity, Penguin,
Fukuyama, F. (1999), The Great Disruption: Human Nature and the Reconstitution of Social
Order, Free Press, New York.
Furstenberg, F. (1995), Social capital and successful development among at-risk
youth, Journal of Marriage and the Family, vol. 57, pp. 580-592.
Furstenberg, G. (1998), Social capital and the role of fathers in the family,
Chapter 15 in A. Booth & A. Creuter (eds) Men In Families: When Do They Get Involved?
What Difference Does It Make?, Lawrence Erlbaum, New Jersey.
Giddens, A. (1982), Profiles and Critiques in Social Theory, Macmillan, London.
Giddens, A. (1992), The Transformation of Intimacy, Polity Press, Cambridge.
Giddens, A. (1996), Affluence, poverty and the idea of a post-scarcity
society, in C. Hewitt de Alcantara (ed.) Social Futures, Global Visions, Blackwell,
Giddens, A. (1998), The Third Way: The Renewal of Social Democracy, Polity Press, London.
Granovetter, M. (1973), The strength of weak ties, American Journal of
Sociology, vol. 78, no. 6, pp. 1360-1380.
Harriss, J. & De Renzio, P. (1997), Missing link or analytically missing? The
concept of social capital, Journal of International Development, vol. 9, no. 7, pp.
Hughes, P., Bellamy, J. & Black, A. (1998), Social capital and religious
faith, Zadok Paper, S97, Spring Summer 1998/1999.
Kawachi, I., Kennedy, B., Lochner, K. & Prothrow-Stith, D. (1997), Social
capital, income inequality and mortality, American Journal of Public Health, vol.
87, no. 9, pp. 1491-1498.
Knack, S. & Keefer, P. (1997), Does social capital have an economic payoff? A
cross-country investigation, The Quarterly Journal of Economics, November, pp.
Latham, M. (1997), The search for social capital, in A. Norton et al. Social
Capital: The individual, Society and the State, Centre for Independent Studies, Sydney.
Ladd, E. (1996), The data just dont show erosion of Americas social
capital, The Public Perspective, June/July, pp. 1-22.
Levi, M. (1996), Social and unsocial capital: a review essay of Robert Putnams
Making Democracy Work, Politics and Society, vol. 24, no. 1, pp. 45-55.
Lyons, M. & Fabiansson, C. (1998), Is volunteering declining in
Australia?, Australian Journal on Volunteering, vol. 3, no. 2, pp. 15-21.
Morgan, D. (1999), Risk and family practices: accounting for change and fluidity in
family life, Chapter 2 in E. Silva & C. Smart (eds) The New Family, Sage,
Murray, C. (1984), Losing Ground, Basic Books, New York.
Newton, K. (1997), Social capital and democracy, American Behavioural
Scientist, vol. 40, no. 5, pp. 575-586.
Norton, A. (1997), Social capital and civil society: some definitional issues,
in A. Norton et al. Social Capital: The Individual, Society and the State, Centre for
Independent Studies, Sydney.
Onyx, J. & Bullen, P. (1997), Measuring Social Capital in Five Communities in NSW: An
Analysis, Working Paper No. 41, Centre for Australian Community Organisations and
Management, University of Technology, Sydney.
Onyx, J. & Bullen, P. (1998), Measuring Social Capital in Five Communities in NSW: A
Practitioners Guide, Management Alternatives Pty Ltd, Sydney.
Parcel, T. & Menaghan, E. (1993), Family social capital and childrens
behavioural problems, Social Psychology Quarterly, vol. 56, no. 2, pp. 120-135.
Portes, A. (1998), Social capital: its origins and applications in modern
sociology, Annual Review of Sociology, vol. 24, pp. 1-24.
Putnam, R. (1995), Bowling alone: Americas declining social capital,
Journal of Democracy, vol. 6, no. 1, pp. 65-78.
Putnam, R. (1993), Making Democracy Work: Civic Traditions in Modern Italy, Princeton
University Press, Princeton
Putnam, R. (1993a), The prosperous community: social capital and public life,
The American Prospect, Spring, pp. 35-42.
Putnam, R. (1996), The strange disappearance of civic America, Policy, Autumn,
Putnam, R. (1998), Foreword, Housing Policy Debate, vol. 9, no. 1, pp. v-viii.
Putzel, J. (1997), Accounting for the dark side of social capital:
reading Robert Putnam on democracy, Journal of International Development, vol. 9,
no. 7, pp. 939-949.
Sampson, R., Raudenbush, S. & Earls, F. (1997), Neighbourhoods and violent
crime: a multilevel study of collective efficacy, Science 277, August, pp. 918-924.
Saunders, P. (1981), Social Theory and the Urban Question, Hutchinson, London.
Sennett, R. (1998), The Corrosion of Character: The Personal Consequences of Work in the
New Capitalism, WW Norton and Co., New York.
Silva, E. & Smart, C. (1999), The new practices and politics of
family life, Chapter 1 in E. Silva & C. Smart (eds) The New Family, Sage,
Skocpol, T. (1996), Unravelling from above, The American Prospect, vol. 25,
Stewart Weeks, M. & Richardson, C. (1998), Social Capital Stories, Centre for
Independent Studies, Sydney.
Valenzuela, A. & Dornbusch, S. (1994), Familism and social capital in the
academic achievement of Mexican origin and Anglo adolescents, Social Science
Quarterly, vol. 75, no. 1, pp. 18-36.
Warburton, J. (1997), Older people as a rich resource for volunteer
organisations: an overview of the issues, Australian Journal of Volunteering, vol.
2, no. 1, pp. 17-25.
Weber, M. (1947), The Theory of Social and Economic Organisation, T. Parsons (ed.) Free
Press, New York.
Winter, I. (1994), The Radical Home Owner: Housing Tenure and Social Change, Gordon and
Wolfe, A. (1989), Whose Keeper: Social Science and Moral Obligation, University of
California Press, Berkely.
Woolcock, M. (1998), Social capital and economic development: toward a theoretical
synthesis and policy framework, Theory and Society, vol. 27, pp. 151-208.
Books On Social Capital
Capital Key Ideas
Through Social Capital
and Returns of Social Capital
Capital A Theory
Capital and Poor Communities
Introduction to Social Capital
And Social Capital
Capital Critical Perspectives
and Social Capital
As Social Capital
Capital in Contemporary Society
Capital and Information Technology
Capital And Entrepreneurship
Capital and Lifelong Learning
as Social Capital
Capital Multifaceted Perspective
Capital Democratic Transition
And Destruction Of Social Capital
Capital Versus Social Theory