Social capital can lead to economic benefits from "summary" of Bowling Alone by Robert D. Putnam
Social capital, the networks of relationships among people who live and work in a particular society, can have far-reaching effects beyond just social connections. These networks can also lead to economic benefits for individuals and communities. When people are connected through strong social ties, they are more likely to trust each other and cooperate, which can result in increased productivity and innovation.
In economic terms, social capital can lead to lower transaction costs, as people are more willing to work together and share resources. This can result in more efficient processes and better outcome...
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