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Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups. [1] [2] It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity.
Lin is an academician at the Academia Sinica, Taiwan.He delivered the Fei Xiao-tong Memorial Lecture at Peking University in 2008, was honored the same year at the “Re-construction and Development of Sociology in China and Nan Lin’s Intellectual Thoughts” at Tsinghua University, and gave the Famous Foreign Lectures at the Interuniversity Center for Social Science Theory and Methodology ...
Before Malpass became president, his son Robert had joined the International Finance Corporation (IFC), a branch of the World Bank Group that lends money to private sector businesses and whose USD 5.5 billion funding from a USD 13 billion World Bank capital increase was secured by the US Treasury at the time that David Malpass was the Treasury ...
“features of social organization such as networks, norms, and social trust that facilitate coordination and cooperation for mutual benefit”. [7] Lin “resources embedded in a social structure that are accessed and/or mobilized in purposive actions”. [8] Coleman “Social capital is defined by its function.
Accumulation by dispossession is a concept presented by the Marxist geographer David Harvey.It defines neoliberal capitalist policies that result in a centralization of wealth and power in the hands of a few by dispossessing the public and private entities of their wealth or land.
Embodied cultural capital comprises the knowledge that is consciously acquired and passively inherited, by socialization to culture and tradition. Unlike property, cultural capital is not transmissible, but is acquired over time, as it is impressed upon the person's habitus (i.e., character and way of thinking), which, in turn, becomes more receptive to similar cultural influences.
Inclusive wealth is the aggregate value of all capital assets in a given region, including human capital, social capital, public capital, and natural capital. [1] Maximizing inclusive wealth is often a goal of sustainable development. [2]
Pierre Bourdieu explains social capital as the degree to which actors are capable of subsisting together in social structures that are often heterogeneous in nature. Where symbolic capital is earned on an individual basis and may fluctuate widely between members in a community, social capital is the overarching sense of trust and cooperation ...