Social Capital Why Is It Important to Trust Other People
Trust and social capital, which is such an attracted topic, which drove me to take this course, economy and society, directed plenty of discussions in today 's global economy. Trust, as a bridge, links individuals together to be a society. It improved a better outcome to be achieved in human being life. Although cheating is everywhere, and I was cheated by my close friend so as to doubt whether I should trust other people or not; finally, I persist my belief that I should trust, trust other people to make my world better. Without trust, no happiness would exist. Trust, as the first step to establish human relationship, is one of core forms of social capital, which is significant to improve the social, political, especially economic life.
First of all, let us see a case:
A mother, of six children, has moved with her husband and children from suburban Detroit to Jerusalem. One reason for doing so is that her young children have the greater freedom in Jerusalem. She feels it is safe to let her eight-year-old take the six-year-old across town to school on the city bus and to let her children play without supervision in a city park, neither of which did she feel able to allow where she lived before.
The reason for the difference can be described as a difference of social capital available, between suburban Detroit and Jerusalem. In Jerusalem, unattended children would be taken care of by adult in this area; however, no such custom could be applied in most metropolitan cities in America. In other words, there is more social capital available in Jerusalem than that in American metropolitan areas.
"Social capital", as a concept, was introduced by Loury to describe the set of resources that inhere in family relations and in community social organization and that are useful for the cognitive or social development of a child or young person. These resources differ for different persons and can constitute an important advantage for children and adolescents in the
First of all, let us see a case:
A mother, of six children, has moved with her husband and children from suburban Detroit to Jerusalem. One reason for doing so is that her young children have the greater freedom in Jerusalem. She feels it is safe to let her eight-year-old take the six-year-old across town to school on the city bus and to let her children play without supervision in a city park, neither of which did she feel able to allow where she lived before.
The reason for the difference can be described as a difference of social capital available, between suburban Detroit and Jerusalem. In Jerusalem, unattended children would be taken care of by adult in this area; however, no such custom could be applied in most metropolitan cities in America. In other words, there is more social capital available in Jerusalem than that in American metropolitan areas.
"Social capital", as a concept, was introduced by Loury to describe the set of resources that inhere in family relations and in community social organization and that are useful for the cognitive or social development of a child or young person. These resources differ for different persons and can constitute an important advantage for children and adolescents in the
Bibliography: Coleman, James S (1990) Foundation of Social Theory, Belknap Press of Harvard University Press Fukuyama, Francis (1995) Trust: The Social Virtues and the Creation of Prosperity. New York: Free Press Swederg, Richard (2003) Principles of Economic Sociology, Princeton University Press Dekker, Paul, Uslaner, Eric M.(2001) Social Capital and Participation in Everyday Life, London: Routledge Press Oleinik, Anton(2005) A distrustful Economy: An Inquiry into Foundations of the Russian Market. Journal of Economic Issues, 39,1:58-62