Social Capital Use-Case Application Areas
Despite lack of meticulousness, social capital continues to occupy a central position in many discussions about community, trust and social networks. The multidimensionality and multivariate nature of social capital provides a foundation for explaining, although sometimes vaguely so, various social issues in communities and social networks. In most of the discussions in scientific work, social capital is continuously treated as either an output or an input. Researchers write about communities performing better due to higher levels of social capital, others attribute superior performance of social amenities such as national economy to the prevalence of higher social capital. Some writers mentioned the construct as a circumventing term to mean one or more of its core variables (trust, shared understanding, social protocols etc.) and their application to specific areas of interests, while others take a holistic view to describe all of its variables and their utility to addressing social problems anchored in communities. This Chapter discusses the application of social capital in a variety of contexts to solve community problems. This is by no means a complete comprehensive coverage of cases in which social capital is currently utilized, rather the cases presented here are considered sufficient to illustrate the growing relevance of social capital to many application areas. The goal of the Chapter is to expose the reader to key application areas and to think about the practical and theoretical relevance of social capital to research and practice in other emergent cases.