This blog post was written by Major Ethan Frizzell of The Salvation Army.
Social capital (like human capital and even physical capital) is not a single, uni-dimensional variable. Rather, there are many forms of social capital, and different forms have different consequences.
- bonding social capital (that is, links among people who are like one an- other) is important for “getting by,”
- bridging social capital (that is, links among people who are unlike one another) is crucial for “getting ahead,”
- linking social capital (that is, vertical links to people in positions of authority) plays a special role in development and poverty alleviation.
Let us build social capital together.
There are many kinds of social capital: [3]
- financial – Money available for investment Real estate, equipment, and/or infrastructure
- physical – Training that increases productivity on the job
- human – Relationships of trust embedded in social networks
- cultural – High cultural knowledge that can be turned to the owner’s socioeconomic advantage
Social capital is recognized as an individual and a collective property. Many researchers take it for granted that social capital is collective, but most social surveys implicitly measure social capital at the individual level.[4] Here is the ideal-typical situation in which individuals discover and use social capital: a group of people become connected via a certain kind of relations, and regardless of the exact nature of their relations, the members find that something possessed or produced by the group either itself is a valuable asset or can help them acquire other desirable benefits.
Three things in this situation are recognized as social capital, which overlap on top of each other: [5]
- group membership
- features of the relationship
- resources under the control of the group or dependent on the existence of the group.
At the core of social capital is trust with three crucial elements:[6]
- Repeat exposure to others tends to lead to greater confidence that others can be trusted (assuming that parties respect conditions 2 and 3 below);
- The parties are honest in their communications; and
- The parties follow through on the commitments they make.
Individual social capital is defined by three dimensions: [7]
- the (number of) connections in the individual social network
- the resources these connections give access to
- the availability of these resources from alters to the individual, of which the willingness of alters is a major component.
On this basis, we define an individual’s social capital here as: [8]
The collection of resources owned by the members of an individual’s personal social network, which may become available to the individual as a result of the history of these relationships.
Connect with Your Calling is found in connections, in networks that bring forth relationships that make the whole community stronger.