Jamal Awil

← SocialCapitalCreation-1988

Trustworthiness derives from private costs and benefits, not others' gains. [causal]

Similar statements can be made with respect to trustworthiness as social capital. An actor choosing to keep trust or not (or choosing whether to devote resources to an attempt to keep trust) is doing so on the basis of costs and benefits he himself will experience. That his trustworthiness will facilitate others' actions or that his lack of trustworthiness will inhibit others' actions does not enter into his decision. A similar but more qualified statement can be made for information as a form of social capital. An individual who serves as a source of information for another because he is well informed ordinarily acquires that information for his own benefit, not for the others who make use of him.

DEFINE: Clarifies social capital theory: trust and information flow from self-interested motives, with benefits to others being incidental.

Coleman, SocialCapitalCreation-1988, loc. 219