Quotes for All
In reality, quitting Facebook is much more problematic than the company’s executives suggest, if only because users cannot extract all the intangible social capital they have generated on the site and export it elsewhere. Evgeny Morozov
Competing against each other leaves little space for reciprocity and the growth of social capital. Running against another in a race may benefit our speed, but jointly organising the sports day produces cooperation and trust. There are many situations where cooperation and reciprocity are more effective than competition. Civic virtues come from building on what … Read more
Regarding social order, [Francis] Fukuyama writes, “The systematic study of how order, and thus social capital, can emerge in spontaneous and decentralized fashion is one of the most important intellectual developments of the late twentieth century.” He correctly attributes the modern origins of this argument to F. A. Hayek, whose pioneering contributions to cognitive science, … Read more
Including the value of natural resources and our social capital in national accounting is a vital step to achieve economic growth that is equitable and sustainable. Achim Steiner