865 social capital

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Social Capitala whitepaper discussion

“The new economy begins with technology and ends with trust.” - Alan Webber, Founder of Fast Company Magazine

Social Capital

“Social capital—understood roughly as the goodwill that is engendered by the fabric of social relations and that can be mobilized to facilitate action.“(Adler and Kwon 2002)

How to define Social Capital

A. Groups of Individuals:“the sum total of commitment, resources, and skills that a community can mobilize and deploy the address community problems and strengthen community assets.” (Mayer)

B. Networks: “The more relationships you have, the more you can mix and match. This will increase your opportunities to help others.” (Eichler)

Like other Capital

Social capital is a long-lived asset into which other resources can be invested, with the expectation of a future flow of benefits.

Social capital is both "appropriable" (used for other purposes friends for info gathering) and "convertible" (used for gain or advantage)

Social capital can either be a substitute for or can complement other resources. (not what you have, but who you know)

Not like (all) Capital

Social capital needs maintenance

Social capital is a collective good

Social capital "located" not in the actors but in their relations with other actors.

Social capital is unlike other assets because investments in its development do not seem amenable to quantified measurement.

Human Capacity/Skills

What we know connects us to other people.

We connect to other people based on their Human capital

We connect in search of benefit/exchange affection, emotional support, information, knowledge, material goods.

Social Capacity/Connections

Motivation/Leadership

Shared destinies, norms and trust.

I'll do this for you, because you are more powerful

I'll do this for you now, if you do that for me now

I'll do this for you now, knowing that somewhere down the road you'll do something for me

Environment (yes but/ yes and)

Internal / External Ties

Weak / Strong Ties

Weak ties facilitate the cost-effective search for codifiable information and that strong ties facilitate the cost-effective transfer of complex information and tacit knowledge.

Tacitadjectiveimplicit, understood, implied, hinted, suggested; unspoken, unstated, unsaid, unexpressed, unvoiced; taken for granted, taken as read, inferred. antonym explicit.

Social Capacity and Social Media

Fire Together – Wire Together

ZPD – Social Learning

Last Thoughts

“I never teach my pupils; I only attempt to provide the conditions in which they can learn.” - Albert Einstein

“If the structure does not permit dialogue the structure must be changed” - Paolo Freire

“These are my principles and if you don't like them...well, I have others” - Groucho Marx

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