Social Capital and the Sharing Economy

Hi Class,

Section 3.5 of the text discusses closure, structural holes and social capital. Alejandro Porte’s definitions of social capital is ” the ability of actors to secure benefits by virtue of membership in social networks or other social structures”.

It reminded me of this “new” sharing economy. I read this awhile ago but it provides a good overview of the sharing economy.

http://www.economist.com/news/leaders/21573104-internet-everything-hire-rise-sharing-economy

Anyway, social capital and the sharing economy both have TRUST rooted in its foundation and really go hand in hand. I was hoping to hear your thoughts in relation to networks.

Thanks!

Nicole

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