Defining Social Capital

Social capital. What is it?

Social capital can be the value of our social networks. And there are, within that, a wide spread of definitions. I’d say it is the use of relationships to store value shared between people which can be applied later within a gift economy framework.

But if you show up at SoCap (Social Capital Markets Conference), you will find they mean something else entirely. What they mean is financial capital going to social enterprise.

How then would you refer to the use of social connections to support social entrepreneurship? Social Capital squared?

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