Social Capital Versus Social Theory

The idea of Social Capital is an attempt to incorporate social considerations into mainstream economic thinking. Its proponents feel that social factors are properly quantifiable. So, they use the compex algebra and statistics beloved of mainstream economic theory and measure 'units' of health care or education in the same way that they would machinery or transport.
Ben Fine's main argument in this book is that such concers cannot be judged in terms of mathematical methods and that to try t ...