It May be Social, But Why is it Capital? The Social Construction of Social Capital and the Politics of Language

Politics and Society 30 (1):149-186 (2002)
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Abstract

Although the referents of the term social capital merit sustained inquiry, the term impedes understanding because of the historical association of the word capital with economic discourse. As a result of this association, applying the term social capital to civic engagement blurs crucial analytic distinctions. Moreover, there are important ideological consequences to considering things such as bowling leagues to be a form of capital and urging citizens to become social capitalists. The term social capacity, the authors argue, provides the same heuristic benefits as the term social capital without extending illusory promises of theoretical parsimony with the financial/human/social capital trinity.

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