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Social Capital

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Overview

Leading scholars in the field of social networks from diverse disciplines present the first systematic and comprehensive collection of current theories and empirical research on the informal connections that individuals have for support, help, and information from other people. Expanding on concepts originally formulated by Pierre Bourdieu and James Coleman, this seminal work will find an essential place with educators and students in the fields of social networks, rational choice theory, institutions, and the socioeconomics of poverty, labor markets, social psychology, and race.

The volume is divided into three parts. The first segment clarifies social capital as a concept and explores its theoretical and operational bases. Additional segments provide brief accounts that place the development of social capital in the context of the family of capital theorists, and identify some critical but controversial perspectives and statements regarding social capital in the literature. The editors then make the argument for the network perspective, why and how such a perspective can clarify controversies and advance our understanding of a whole range of instrumental and expressive outcomes.

Social Capital further provides a forum for ongoing research programs initiated by social scientists working at the crossroads of formal theory and new methods. These scholars and programs share certain understandings and approaches in their analyses of social capital. They argue that social networks are the foundation of social capital. Social networks simultaneously capture individuals and social structure, thus serving as a vital conceptual link between actions and structural constraints, between micro- and macro-level analyses, and between relational and collective dynamic processes. They are further cognizant of the dual significance of the "structural" features of the social networks and the "resources" embedded in the networks as defining elements of social capital.

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Editorial Reviews

Booknews
Lin (sociology, Duke U.) presents his theory of social capital, in which resources imbedded in a social structure are accessed and/or mobilized in purposive action. Wedding his theory with classical and neoclassical notions of capital, he suggest s that resources can be seen as material or symbolic goods. The way in which meaning and significance are assigned to those goods are at the heart of his analysis. He argues that social exchange is characterized by a similar rationality as economic exchange. The theory is applied to certain societal transformations (such as the rise of women's studies departments in academia) to test its validity. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780202306445
  • Publisher: Transaction Publishers
  • Publication date: 1/1/2001
  • Series: Sociology and Economics Series
  • Edition description: New Edition
  • Pages: 348
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.78 (d)

Meet the Author

Ronald S. Burt is Hobart W. Williams Professor of Sociology and Strategy, University of Chicago Graduate School of Business.

Karen Cook is Ray Lyman Wilber Professor of Sociology, Department of Sociology, Stanford University.

Nan Lin is professor of sociology, Duke University.

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Table of Contents

Preface
1 Theories of Capital: The Historical Foundation 3
2 Social Capital: Capital Captured through Social Relations 19
3 Resources, Hierarchy, Networks, and Homophily: The Structural Foundation 29
4 Resources, Motivations, and Interactions: The Action Foundation 41
5 The Theory and Theoretical Propositions 55
6 Social Capital and Status Attainment: A Research Tradition 78
7 Inequality in Social Capital: A Research Agenda 99
8 Social Capital and the Emergence of Social Structure: A Theory of Rational Choice 127
9 Reputation and Social Capital: The Rational Basis for Social Exchange 143
10 Social Capital in Hierarchical Structures 165
11 Institutions, Networks, and Capital Building: Societal Transformations 184
12 Cybernetworks and the Global Village: The Rise of Social Capital 210
13 The Future of the Theory 243
References 251
Index 267
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