Social capital: a review from an ethics perspective

Business Ethics: A European Review 23 (1):108-124 (2013)
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Abstract

Social capital has as its key element the value of social relationships to generate positive outcomes, both for the key parties involved and for wider society. Some authors have noted that social capital nevertheless has a dark side. There is a moral element to such a conceptualisation, yet there is scarce discussion of ethics within the social capital literature. In this paper ethical theory is applied to four traditions or approaches to economic social capital: neo-capitalism; network/reputation; neo-Tocquevellian; and development. Each is considered in detail and subject to ethical analysis by the application of utilitarianism, Kantianism, justice and rights, and ethic of care. Accordingly, the assumption that social capital is either value-neutral or a force for good is critiqued, and a framework for understanding social capital from an ethics perspective is presented

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Paul Manning
Seton Hall University

References found in this work

A theory of justice.John Rawls - 2009 - In Steven M. Cahn (ed.), Exploring ethics: an introductory anthology. Oxford: Oxford University Press. pp. 133-135.
Utilitarianism.John Stuart Mill - 1863 - Cleveland: Cambridge University Press. Edited by Geraint Williams.
Ethical Theory and Business.Tom L. Beauchamp, Norman E. Bowie & Denis Gordon Arnold (eds.) - 2008 - New York: Pearson/Prentice Hall.

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