Social Capital Analysis

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Social capital has many definitions and interpretations and uses. Social capital is the collective value of all social networks and inclinations that arise from these networks. According to Robert Putnam, Social networks and the norms of reciprocity and trustworthiness arise from connections between individuals. Robert Putnam and his work has contributed to shape the importance of social capital in our society. Society works most efficiently when there’s plenty of social capital. The less social capital in a society, the more problems that arise. Social capital, in Layman’s terms, is the willingness of people to want to help one another or to help each other. Social capital resources consist of trust, norms, and networks of association. According…show more content…
For example, when the Garda Siocana enter a disadvantaged area like Moyross, it is very important that they have a certain amount of social capital. By having this social capital, it would enable them to build a sense of trust with the community and to build bridges within that community. By doing so, it may have an influence on the crime rate. The influence this should have on the crime rate, means it should decrease as authorities and the community would then be able to communicate correctly and lead to a more harmonious relationship between the community and authorities. This will then aid the community by creating a better standard of living. Which will then lead to a safer community. There is also a strong correlation between health and social capital. ‘As a rough rule of thumb, if you belong to no groups but decide to join one, you cut your risk of dying over the next year in half. If you smoke and belong to no groups, it’s a toss-up statistically whether you should stop smoking or start joining’,( Smith, M. K. (2000-2009). ‘Social capital’, the encyclopaedia of informal education. [http://infed.org/mobi/social-capital/. 10/12/17].) This is relevant for todays society as there has been an spike in wanting to be healthy in recent years, and once the people obtain this information it may make it easier to stay healthy if they knew this. Social capital plays a major role in child development in our society.…show more content…
Social capital plays a very important role in both day to day life and also within business. Without social capital, networks would not be willing to help each other, meaning that relationships may become non-existent and may impact on the persons own wellbeing. Without social capital people health, wealth and child development may become impacted negatively. There are many positive associations with social capital, one of which is that it can impact on the persons health, wealth and child development. If the person has strong social capital it will aid them greatly in our society, as they will be healthier, wealthier, over using their social networks to get a well paid job and also their child will have a good developed relationship with their
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