by
Ryan Avent
Social capital is not quite as intuitive a concept as plain old capital. Physical capital--buildings and computers et al--shapes the way people behave at work. Social capital--behavioural patterns that live in our heads--do too.
on p122 he defines it as "individual knowledge that only has value in particular social contexts" which makes it an interesting concept, but it is quite different from more recognisable definitions (e.g., Bourdieu's)