Claim OwnershipExploring Social Capital Podcast
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Join Tristan Claridge, President of the International Social Capital Association, and Lindon Robison, Emeritus Professor of Agricultural and Resource Economics at Michigan State University, as they engage in illuminating discussions exploring the meaning and application of social capital theories and related topics. Tristan and Lindon, driven by a shared passion to better understand and apply the social capital concept, bring their distinct backgrounds—economics and sociology—to the table, fostering captivating conversations on the challenges and rewards of visiting social relationships through the lens of social capital.
In this weekly series, Tristan and Lindon delve into various topics related to social capital, navigating the divergent perspectives stemming from their academic disciplines. While economic and sociological viewpoints may appear irreconcilable at times, Lindon and Tristan skillfully bridge the gap, seeking mutual understanding and consensus on pivotal issues. Their conversations not only unravel the meaning and significance of key theories, concepts, issues, and events but also contribute to a broader exploration of understanding and recognizing the intrinsic social value that underlies our interconnected world. Tune in as these two thought leaders navigate the intersection of economics and sociology, offering unique insights and fostering a shared appreciation for the profound impact of social capital.
In this weekly series, Tristan and Lindon delve into various topics related to social capital, navigating the divergent perspectives stemming from their academic disciplines. While economic and sociological viewpoints may appear irreconcilable at times, Lindon and Tristan skillfully bridge the gap, seeking mutual understanding and consensus on pivotal issues. Their conversations not only unravel the meaning and significance of key theories, concepts, issues, and events but also contribute to a broader exploration of understanding and recognizing the intrinsic social value that underlies our interconnected world. Tune in as these two thought leaders navigate the intersection of economics and sociology, offering unique insights and fostering a shared appreciation for the profound impact of social capital.
15 Episodes
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Ep 15. This episode explores how social capital influences the nature and outcomes of various types of exchanges, challenging the traditional views held by neoclassical economics. Lindon begins by reflecting on his training in neoclassical economics, which often emphasizes selfish behavior and voluntary exchanges. He contrasts this with the broader perspective offered by social capital, […]
Ep 14. In this episode Tristan Claridge and Lindon Robison delve into the core concept of social capital and its critical role in the economy. They explore how social capital influences the production and exchange of commodities, highlighting that relationships and social connections are fundamental to economic productivity and efficiency. Lindon, trained as a neoclassical […]
Ep 13. This episode explores how relationships significantly influence human behavior and decision-making, particularly within economic contexts. Lindon Robison shares insights from his research on farmland markets, highlighting that the price people are willing to sell their land for varies greatly depending on their relationship with the buyer. For instance, landowners often offer substantial discounts […]
Ep 12. This episode explores what we mean by relationships when discussing social capital. There is general agreement that social capital has to do with relationships, but some theories focus on social relationships and others more on the ways in which people are connected. In a previous episode we discussed the core idea of social […]
Ep 11. Social capital theories have similarities with behavioral economics. Since the early theories of social capital, it has focused on the actions of individuals and groups that deviate from neoclassical economic theorising – when economic agents “misbehave” or make “predictably irrational” choices. This is similar to behavioral economics, which is the study of the […]
Ep 10. Social capital takes time to build and can depreciate over time without maintenance. However, there are factors that sustain social capital, such as nostalgia and attachment value, and other factors that diminish social capital, such as uncertainty associated with a lack of current understanding of the nature of the relationship and connections to […]
Ep 9. Social capital relates to how people are connected and the relationships between people. One way we are connected is through symbols or items that have value beyond market value because of the meaning and significance attributed to them. Where this meaning is related to connections between people, it is an important component of […]
Ep 8. Commonalities are an important part of many theories of social capital. For example, bonding social capital is often understood as connections between people who are similar. And the concept of homophily is often cited. Other theories may refer to shared understandings – that is, understandings that we share – and therefore have in […]
Ep 7. In this episode, we are going to dive into the nature of social capital as a stock and flow. Just as physical capital never works alone, neither does social capital. To produce and deliver a relational good or flow related to social capital requires other resources. We need a human relationship along with […]
Ep 6. Donne wrote that no man (or woman) is an island. We are all connected. Once we acknowledge that we are all connected–that what one person does undoubtedly affects someone else–once we make that adjustment in our thinking, we must recognize that we are all involved in a great social capital experiment. It was […]
Ep 5. One of the reasons social capital has so many definitions and there is a lack of consensus among those who study it is that there is hardly a social science that hasn’t embraced the concept of social capital and adapted it to promote its own interests. The fact that scholars from different disciplines […]
Ep. 4. One requirement for something to be capital is that it enables the production of goods – something that satisfies socio-emotional and physical needs. In social capital, relationships are the factory that produces the flows of goods and services that satisfy human needs. In other studies of capital, we distinguish between kinds of capital […]
Ep 3. Capital is primarily an economic concept that refers to something capable of producing a good or service or transforming other goods without losing its identity. For capital to maintain its identity in the production and transformation of other goods requires that it has a potential supply of services from which it can provide […]
Ep 2. While there are wide differences in how social capital has been defined, there is general agreement that it has to do with relationships–how we are connected. In our previous podcast we noted that the nature and intensity of our relationships can be inferred from the level and kinds of goods we exchange. At […]
Ep 1. This episode explores the core idea of social capital - that relationships matter. We delve into why the concept of social capital is needed and how we first came to use the concept.
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