30 Mar 2020
Social capitalism is any capitalist system that is structured with the ideology of liberty, equality, and justice. Instead of aiming to accumulate only economic forms of capital, it explicitly values all forms of capital, including social capital, human capital, and natural capital. Instead of maximising profit for the 1%, it involves profit maximisation for all […]
19 Oct 2019
In 1962 Rachel Carson published the book Silent Spring which thrust environmental problems into public awareness and is widely credited with inspiring the environmental movement. Yet nearly 60 years later it doesn’t seem there has been much progress towards sustainability. There has been extensive scientific investigation of environmental issues and leading scientists have twice (1992 […]
27 Sep 2019
Much of the literature on social capital poorly distinguishes its source from its form and consequences. It can be very difficult to make these distinctions since many social phenomena involve complex interrelationships with complicated cyclic, relational, and mutual causality. This article discusses a wide range of sources of social capital, some of which may represent […]
23 Sep 2019
Social capital theory has been heralded as a very important conceptual innovation. It emphasises social dimensions that have typically been marginalised by the dominant paradigm of individualism and economic rationalism. It helps to reverse the undersocialised view that assumes that humans are rational and self-interested, and largely beyond the influence of social factors. This classical
19 Sep 2019
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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