The Intricate Facets of Social Capital

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The constant use of the saying that, “Man is a Social being” is vast in its meaning and capabilities. Social capital is the term used in the contemporary world, for social connections, in a broad sense. Thereby, causing an urge to understand, what exactly it means? And what are its aspects? where does it originate? And what power does it hold? Is it limitless? Is it comprehensible? The most appropriate description of the social capital will be finalized in the text. Thereafter, we shall discuss its influence under various programs and undertakings at all levels of social capital. The areas of consideration shall be health policy, social policy and an Australian Government’s Commonwealth Home & Community Care (HACC) program. Main emphasis will be on the influence, challenges & limitations of these areas, keeping in mind that the concept of social capital takes the centre stage at all times. Social Capital, in simple words is the social interaction between a group of people and when we talk of social capital, it has a worth, and is a resource too (Pomagalska, Dorota, 2009). On considering the theories by Bourdieu, Coleman, Putman, who were the main theorists that refined the concept of social capital; it is understood that, “the emphasis is on networks and relationships as a resource” (Field, 2008). Furthermore, it has been viewed as a debatable concept when discussed as a phrase and therefore, due to its increasing integration into various other disciplines, it requires solid justification based on the “ideologies” of the discipline it is used in (Pawar, 2006). As far as its magnitude is concerned, Social Capital is; a far reaching and exhaustive concept as seen, in the following subject related reviews and discussions that show, ... ... middle of paper ... ... the concept of social capital. In conclusion, the subject of social capital is so expansive in its application and yet it is so unclear, when we consider its exact meaning in itself. Even if, its inclusion in several disciplines is seen mostly at a small scale only, but the results show great hope for future policy development, which has been identified already. Even though, health policy and social policy have incorporated social capital principles, but it has been limited to geographical limits and thus have not been able to turn them into written and actionable policy. The Commonwealth Home and Community Care Program has tried to integrate the values of trust, relationships and resources, in the context of social capital. Still, a complete integration is not seen. Overall, social capital is a powerful resource, and it only needs to be tapped for good reasons.

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