Skip to main content icon/video/no-internet

As a varied social resource that facilitates action, social capital (an intangible analogue to economic, or financial, capital) has been defined and characterized in many ways. This variety reflects the concept's multiple meanings in relation to social structure and community. For example, researchers and critics have distinguished types of social capital by sources, uses (or functions), and consequences (effects). These broad distinctions bring into play related distinctions. For example, there is the question of individuals' or groups' possession or capacity to use social capital, which emphasizes social capital's properties as either an individual good (usable by a particular person) or a collective good (usable by all and benefiting an entire social system). There are also the differing levels at which social capital functions, from the micro level of everyday interactions among individuals, through the meso (intermediate) levels of formal associations, towns, and cities, to the macro level of nations or regions. Social capital can also be characterized in terms of function: It can be instrumental in nature or more emotional and expressive. One can also look at the orientation of social capital. To what degree is it stored in networks or other ties among socially similar individuals or institutions (“bonding” social capital) and to what degree in ties among dissimilar actors (“bridging” social capital)? As for the uses to which people put social capital, researchers have distinguished social capital that is used merely for getting by (or coping) from social capital that helps the user get ahead (gain status). Finally, social capital can be classified in terms of the normative judgments made about its use or the impact of its use on the wider community (society), with some uses characterized as pro-civic and others as anti-civic. All these distinctions are closely interrelated.

Possession of and Access to Social Capital: Individual or Collective Good

Two critical, defining features of any form of capital are possession and access: To whom does the resource belong, and who can use it? Technically, ownership is about legal recognition, while access—capacity to use—is something quite different. For example, I may use a car that I do not own, while land, a specialized tool, or another asset that I do own may be out of reach or otherwise unusable, at least at a given point in time.

Unfortunately, this particular basis for classification works less well with social capital than it does with more tangible forms of capital. First, social resources can rarely be owned in the sense that financial or other forms of capital are owned (with legally restricted rights of use enforceable by government), so legal distinctions about formal ownership are of limited relevance in the case of social capital. Second, even if we focus on the broader concept of ability to use, social capital involves a paradox: It pertains to the group, but much of its most visible use is distinctly individual in means (the how) and ends (for what).

Despite this unconventional specification of possession, social capital use—which helps define a number of the types of social capital discussed below—is amenable to the classic economic distinction between individual and collective goods. As an individual good, social capital depends on deposits in and withdrawals from social networks, shared institutions, and intangible norms of reciprocity and trust. Through exchanges, individuals may draw on stocks of social capital for their own benefit or for some chosen other (a family member or friend, a business associate or club member, a student, and so on). These are all traits of an individual good.

...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles

Sage Recommends

We found other relevant content for you on other Sage platforms.

Loading