If there is a new buzz word among think tank scholars, it is “social capital.” Social conservatives, in particular, have suggested that the lack of social capital in so many communities is one reason why America is not only coming apart but failing to prosper and thrive. It may even explain why Trump was elected, why our health and longevity have been deteriorating, and why economic growth has slowed. So, what lies behind the new popularity of the concept and to what extent should we take it seriously? And even if the diagnosis is correct, what could be done to remedy the situation?
In this essay, Sawhill unpacks the meaning of social capital, examines recent trends in the U.S., and makes a case for why it is important. She ends by suggesting a few ways in which we might create more social capital: universal national service, an enhanced subsidy for charitable giving, and additional resources and flexibility for local communities so that they can innovate and rebuild in ways that fit their own values and circumstances. Leadership that is at once moral and effective at every level from the neighborhood to the White House will be critical to that revival.
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July 17, 2020 at 03:10AM
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Social capital: Why we need it and how we can create more of it - Brookings Institution
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