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What is Social Capital?

Supplementary resources on social capital to complement our guide to social capital.

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Social Capital in Practice

A general guide for the practical application of social capital

Coordinating institutions

Within any given society, a myriad of social organisations, or institutions, are established with the primary purpose of organising, regulating, and coordinating actions aimed at resolving fundamental societal challenges. These institutions give rise to unique sets of beliefs, ideologies, myths, linguistic styles, and norms that serve as foundational elements. These elements, in turn, play a pivotal role in facilitating the actions, interactions, and exchanges among the various actors within the community.

The rich sets of beliefs and ideologies fostered by institutions creates a shared backdrop against which individuals and groups engage. This background context acts as a bridge, connecting the broader values upheld by society with the complex dynamics of face-to-face encounters. In doing so, it provides a framework for the exchange of ideas, goods, and services among individuals and groups within the community.

These institutions act as the scaffolding upon which the collective life of a society is built. They not only offer structure and organisation but also contribute to the cultural and social fabric that defines a community. The beliefs, myths, and norms propagated by institutions serve as guiding principles, influencing the behaviours, decisions, and interactions of individuals as they navigate the complex web of societal engagements. In essence, institutions form the backbone of societal cohesion, translating overarching values into actionable frameworks that facilitate meaningful exchanges at the grassroots level. The resulting interplay between institutional constructs and face-to-face interactions becomes a dynamic force shaping the character and identity of a community.

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