The Perils of Buying Social Capital Locally
16 Pages Posted: 1 Aug 2015
Date Written: July 30, 2015
Among the arguments put forward by proponents of buying local is that it facilitates the accumulation of social capital. However, some research has suggested that social capital may not always confer economic benefits. This paper explores potential problematic aspects of social capital, especially as they pertain to the buy local movement.
Keywords: Buy Local, Social Capital, Trust
JEL Classification: R11, Z10
Suggested Citation: Suggested Citation
Murphy, Ryan, The Perils of Buying Social Capital Locally (July 30, 2015). Available at SSRN: https://ssrn.com/abstract=2638073 or http://dx.doi.org/10.2139/ssrn.2638073
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