Brewed Fresh Daily
Anotated links from a Cleveland area obsessive coffee drinker, avid quotation collector, voracious internet content consumer, amatuer social network analyzer, and armchair economic developer. Recently referred to as a "web activist".11/29/2003
Many-to-Many: Social Capital as Credit
Social capital, or aggregate (connected) reputation, is a form of credit. Some formal transactions can be supported by social capital. Informal transactions are rarely underpinned by financial credit or legal agreement and instead rely entirely social capital. We all have our internal calculators keeping tacit track of who is wronging and righting, the health of the relationships and adjusting our actuarial tables according to experience."
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