Social Capital and Development Dimension

Abstract

Social capital is a concept that is wildly mentioned in post-modern era. The development in the past period flourished in term of economic, industry and market system. Nonetheless, it affected economic, society, and environment of small countries which resulted in a late progress of human living. This makes post-modern era to develop social concept to be a part of development and that is social capital.

Social capital is a pattern of human relationship in daily life such as building good image, making friendship, interaction for sharing knowledge of individuals and forming various social activities. Social capital refers to trustworthiness that creates social network by connecting members to institute network. Such network includes trustworthy and social exchange norm which is a strong social network linking to other concept such as cultural capital. Even the concept of community economic is called cultural economic because most economic activities are based on culture, community culture, or Thai local culture. Moreover, economic activities are not separated from culture, especially community economic in Thai villages. If social capital is viewed as a development dimension, it is described that social capital is based on the concept of capital. Capital is a word in daily life covering natural resources, social relationship from family to friends and other career groups in a society. In addition, it is possible to fundraising in economic by aspects of groups and networks, trustworthiness, unity, activities, and cooperation.