social capitalism

What is social capitalism?

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 …

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Solving sustainability with social capital? A paradoxical reframing of modernity?

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 …

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The promise of social capital theory Or the dominance of economic discourse and triumph of capitalism?

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 …

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Social Capitalism, Capitalism, and Social Capital

Social capitalism is best understood as classic capitalism with a focus on improved social outcomes, or at least economic social responsibility. You could think of this as egalitarian economic practices that aim to ameliorate the social problems caused by capitalism, primarily inequity. Social capitalism is related or associated with the Third Way, the humanisation of …

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