Evaluating social capital

Though Bourdieu might agree with Coleman that social capital in the abstract is a neutral resource, his work tends to show how it can be used practically to produce or reproduce inequality, demonstrating for instance how people gain access to powerful positions through the direct and indirect employment of social connections. Robert Putnam has used the concept in a much more positive light: Though he was at first careful to argue that social capital was a neutral term, stating “whether or not [the] shared are praiseworthy is, of course, entirely another matter”,^[6] his work on American society tends to frame social capital as a producer of "civic engagement" and also a broad societal measure of communal health.^[7] He also transforms social capital from a resource possessed by individuals to an attribute of collectives, focusing on norms and trust as producers of social capital to the exclusion of networks.

Mahyar Arefi ^[8]identifies consensus building as a direct positive indicator of social capital. (2003) Consensus implies “shared interest” and agreement among various actors and stakeholders to induce collective action. Collective action is thus an indicator of increased social capital.

Edwards and Foley, as editors of a special edition of the American Behavioural Scientist on "Social Capital, Civil Society and Contemporary Democracy," raised two key issues in the study of social capital. First, social capital is not equally available to all, in much the same way that other forms of capital are differently available. Geographic and social isolation limit access to this resource. Second, not all social capital is created equally. The value of a specific source of social capital depends in no small part on the socio-economic position of the source with society. On top of this, Portes has identified four negative consequences of social capital: exclusion of outsiders; excess claims on group members; restrictions on individual freedom; and downward levelling norms.^[1] Here it is important to note the distinction between "bonding" and "bridging". There is currently no research which identifies the negative consequences of "bridging" social capital when in balance with its necessary antecedent, "bonding".

Finally, social capital is often linked to the success of democracy and political involvement. Robert Putnam, in his book Bowling Alone makes the argument that social capital is linked to the recent decline in American political participation.