The maladies of social capital I: the missing 'capital' in theories of social capital

Alex Law, Gerry Mooney

    Research output: Contribution to journalArticlepeer-review

    18 Citations (Scopus)

    Abstract

    Social capital is a concept that is widely celebrated by the governing institutions of neo-liberal capitalism. Under the veneer of making social relations central to public discourse social capital obscures the extent to which social life is being made to submit to capital accumulation. First, we describe the hegemony of social capital as a veritable panacea for social de-composition from the political left in the work of Pierre Bourdieu to the middling conservatism of US thinkers such as Coleman and Putnam. In contrast, the original Marxist notion of social capital leads us to argue for abandoning the orthodox conception of social capital.
    Original languageEnglish
    Pages (from-to)127-143
    Number of pages17
    JournalCritique
    Volume34
    Issue number2
    DOIs
    Publication statusPublished - Aug 2006

    Keywords

    • Pierre Bourdieu
    • Robert Putnam
    • Karl Marx
    • Neo-liberalism
    • Social capital
    • Social de-composition

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