Midterm, Exam 1

Week 2 Readings: Social Capital: What is this? Can you define it?

"...social capital has both an individual and a collective aspect- a private face and a public face. First, individuals form connections that benefit our own interests". Page 20
"...'networking,' for most of us get our jobs because of whom we know, not what we know- that is, our social capital, not our human capital". Page 20
Social Capital= whom we know.
"however, social capital also can have 'externalities' that affect the wider community, so that not all the costs and benefits of social connections accrue to the person making the contact". Page 20
"... positive consequences of social capital- mutual support, cooperation, trust, institutional effectiveness- can be maximized and the negative manifestations- sectarianism, ethnocentrism, corruption- minimized". Page 22
"The forms of our social capital- the ways in which we connect with friends and neighbors and strangers- are varied". Page 27
-Quotes are from Bowling Alone