Researchers Robert Putnam and Thomas Sander define social capital as “the friendships, professional circles, clubs, neighborhoods, churches and alumni networks where you help the group or a fellow member because you care about and trust the group and know your action ultimately will benefit all (including you).”

Select the link below and view a short presentation summarizing the benefits and importance of social capital.

Social capital resides in a public “space” often called “civil society”. This is the “space” in society where the un-coerced human association occurs. It is often the place where “public” actions take place. It is open, accessible, and diverse.

It is argued that societies with high levels of social capital experience a host of economic, political and social benefits. Indeed, high levels of civic engagement (membership in voluntary association) are a precondition for democracy.

Putnam, Robert D. and Thomas H. Sander. “Rebuilding the Stock of Social Capital.”
School Administrator Web Edition, September 1999.
http://www.aasa.org/publications/saarticledetail.cfm?ItemNumber=3580