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Social Capital

Social Capital
by

Greg Michener

on 2 August 2016

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Transcript of Social Capital

Capital social
Collective Action Theory (Olson 1965)
Collective Action Dilemmas
Prisoner's Dilemma
Veto Players/Actors
Coordination Dilemmas
Social Capital?
Allows people to work collectively
Norms and Networks (Size of the "Circle of Trust")
Bridge between collective action and economic prosperity
Goodwill, cooperation, social intercourse, empathy, trust, reciprocity.... For Brazil, see http://is.gd/q5HKoH
Strands of Social Capital - Class mobility, Developmentalist State
U.S. 1791 = 58, 700 people per representative
U.S. 1913 = 247,000 people per representative
U.S. 2012 = 721,000 people per representative
Is the quality of government correlated with social capital (i.e. proxy = interpersonal trust)?
Are levels of corruption a correlate of levels of social capital?
Or do particular institutions have a lot to do with social capital?
Isabela – “Doesn't social capital impacts society negatively because of the hostility towards those who are not part of the circle of trust?”
Victoria – “Social capitals are better formed through means of education, which implements values and ideas in the population throughout generations, and unfortunately, due to the social capitals already formed inside the Brazilian political systems, which favor corruption, it is not in the government's best interest to invest in education as it would mean a decrease in the number of voters for them.”
Camilla – “Francis Fukuyama in the article “Social Capital and Civil Society” states that “the area where governments probably have the greatest direct ability to generate social capital is education”, and in my opinion, in Brazil this could not be different. The country has an alarming educational deficit, but it still has a huge growing potential as a nation. I believe that educational projects, developed by the middle class in partnership with the government, have the power to transmit the social capital through norms to the future generations.”
Felipe Granato – “According to Paulo de Tarso Sanseverino (a minister from ‘Supreme Court’, STJ), Brazil faces three crisis nowadays. The first is economic, the second is political and the third is ethical.”
Thaiz – “As Bruno de Pieri said in his post, It’s common knowledge that cases of nepotism and neopatrimonialism became something ordinary in the brazilans parties. Therefore, it’s possible to say that there is “social capital” in the politics system.”
Rafael – “In agreement with Ana Tereza Lagemann, I believe that Social Capital is the other side of corruption, and can be used to destroy it. However, social capital’s common goals is different for each group, in Latin America, we have small groups, as families, religions, etc., so we have different small goals as well. The problem mentioned in the article is that social capital, when happening in small groups, could create some hostility and hate with outsiders.”
http://www.emeraldinsight.com/doi/abs/10.1108/10444061111126684
FITZGERALD, J.; WOLAK, J. The roots of trust in local government in western Europe. International Political Science Review, v. 37, n. 1, p. 130–146, 1 jan. 2016.

When opportunities for voice in local government are high, as in decentralized systems, people report greater trust in local government. When opportunities for voice in national government are limited, as in majoritarian systems, people report lower trust for national government and higher trust in local government.
KNACK, S.; KEEFER, P. Does Social Capital Have an Economic Payoff? A Cross-Country Investigation. The Quarterly Journal of Economics, v. 112, n. 4, p. 1251–1288, 1 nov. 1997.

This paper presents evidence that “social capital” matters for measurable economic performance, using indicators of trust and civic norms from the World Values Surveys for a sample of 29 market economies. Memberships in formal groups—Putnam's measure of social capital—is not associated with trust or with improved economic performance. We find trust and civic norms are stronger in nations with higher and more equal incomes, with institutions that restrain predatory actions of chief executives, and with better-educated and ethnically homogeneous populations.
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