BENEFITS OF SOCIAL CAPITAL, SOCIAL ECONOMY IN COMMUNITY DEVELOPMENT: A REVIEW ARTICLE

Abstract

Social Capital has just become the flavor of the month. There is a lot of disagreement about what the term entails, which necessitates guesswork and estimating of the build. Advertisers in the wellness industry, for example, are being tested to see whether they can re-design their campaigns around this contested idea. Although social capital does not yet exist, it is created by those aspects of social connections that individual scholars or analysts choose to consider in its name. Philosophy is in charge of deciding these relationships. To those who adhere to a neoliberal, market-driven mindset, social capital is a means of reaching the limit of monetary progress, as well as a means of accelerating the privatization or reduction of public agencies. Local area enhancement is one of many state interventions used to mitigate market inequity.