Transcription of OECD Insights: Human Capital
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OECD Insights: Human Capital
102 OECD Insights: Human CapitalWhat is social Capital ?The concept of social Capital became fashionable only relativelyrecently, but the term has been in use for almost a century while theideas behind it go back further still. social Capital may first haveappeared in a book published in 1916 in the United States that dis-cussed how neighbours could work together to oversee Lyda Hanifan referred to social Capital as those tangibleassets [that] count for most in the daily lives of people: namelygoodwill, fellowship, sympathy, and social intercourse among theindividuals and families who make up a social unit .That gives some sense of what s meant by social Capital , althoughtoday it would be hard to come up with a single definition that sat-isfied everyone.
goodwill, fellowship, sympathy, and social intercourse among the individuals and families who make up a social unit”. That gives some sense of what’s meant by social capital, although today it would be hard to come up with a single definition that sat-isfied everyone. For the sake of si mplicity, however, we can think of
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