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Old 06-24-2011, 09:40 AM
operative operative is offline
 
Join Date: Sep 2010
Posts: 3,261
Default Re: Estonia and Free Market Economics

To follow up in my brief critique, I think that social capital can be used a bit tautologically. Why does a group succeed? They have social capital. Why do they have social capital? Because...they have social capital. But what actually gives them social capital? The accumulation of adopted habits, customs, etc. which really means that it's not a matter of y --> z, but x --> y --> z, which means x --> z.
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