Social capital is crucial to making devolution work
Businesses have never thrived, nor economies flourished, without social capital
We use it to:
A.) Get by (for social support)
B.) To get ahead (for social leverage)
Social capital works on the:
- individual level
- organization level
- systems of organizations
Cities that have affordable housing systems rich in social capital will win… grant money
But…
1.) social capital that benefits me may not benefit my neighbors.
i. Need to be strategic … not shattershot… who is invited at the table is key
2.) Social Capital is built through repeated exchanges over time.
3.) As a resource or means it has no right or wrong to it until some judgment is made about the ends which we put it. – devil in the details
4.) Social capital is organized, whether we like it or not, along “fault lines” social more important than place… (race, ethnicity, religion, social participation than property lines or zip codes)
Minneapolis Case study
Difference in social capital Co-op at small level and large level
2 groups diverge despite influx of federal money (or perhaps because of it)
Importance of defining “community” who falls inside and outside
Yonkers study
Stayers and movers…. What is lost or gained in the study?
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