definition

What is the difference between social capital and social cohesion?

There are a lot of similarities between the concepts of social capital and social cohesion. Both are defined in vastly different ways by different authors, both are conceptually vague, and both relate to social setting and social structure. Depending on how you define the concepts there can be considerable overlap between them, leading some authors …

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Current definitions of social capital Academic definitions in 2019

In 2004 I wrote an article about the definitions of social capital and included a table of definitions from Adler & Kwon (2002). The article is still one of the most popular online, which is evidence that definition continues to be a challenging area for newcomers to social capital. Now, 15 years later, I was …

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Social capital in economics

For economists, the term ‘social capital’ allows for the consideration of social factors that are normally beyond the purview of economic analysis. Despite their intangible nature, economists since at least David Hume and Adam Smith have been interested in the role of social factors such as trust, reputation, norms and belonging in economic outcomes. These …

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