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Capabilities and Functionings: The Role of Social Capital for Accessing New Capabilities

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  • Matteo Migheli

Abstract

This paper connects two relatively recent streams of research in social science: the capabilities approach and the literature on social capital. The aim is to show that these are strictly connected in a dynamic process linking functionings and capabilities through social capital. The ability to attain new capabilities is enhanced by the possession of social capital; hence investing in its accumulation allows individuals to improve their welfare. Furthermore, new capabilities allow the individual to create new connections and access new networks, accruing his or her stock of social capital and opening the door to the possibility of attaining new capabilities. The paper hypothesizes that a dynamic spiral interweaves social capital, capabilities and functionings.

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  • Matteo Migheli, 2011. "Capabilities and Functionings: The Role of Social Capital for Accessing New Capabilities," Review of Political Economy, Taylor & Francis Journals, vol. 23(1), pages 133-142.
    • Handle: RePEc:taf:revpoe:v:23:y:2011:i:1:p:133-142
    DOI: 10.1080/09538259.2011.526297
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    References listed on IDEAS

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    1. Matteo Migheli, 2012. "Assessing Trust Through Social Capital? A Possible Experimental Answer," American Journal of Economics and Sociology, Wiley Blackwell, vol. 71(2), pages 298-327, April.
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    Cited by:

    1. Guarini, Giulio & Laureti, Tiziana & Garofalo, Giuseppe, 2020. "Socio-institutional determinants of educational resource efficiency according to the capability approach: An endogenous stochastic frontier analysis," Socio-Economic Planning Sciences, Elsevier, vol. 71(C).
    2. Marco Pini, 2018. "Territory, competitiveness and sustainable growth: the case of the Italian medium-sized manufacturing firms," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 72(4), pages 17-28, October-D.
    3. Patricio Valdivieso & Benjamín Villena-Roldán, 2012. "Participation in Organizations, Trust, and Social Capital Formation: Evidence from Chile," Documentos de Trabajo 293, Centro de Economía Aplicada, Universidad de Chile.
    4. Matteo Migheli, 2013. "Relational capital, profitability and access to credit: evidence from a sample of Italian small firms," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 60(2), pages 221-233, June.
    5. Migheli, Matteo & D’ambrosio, Anna, 2022. "Regional Resilience through the Lenses of the Capability Approach," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202209, University of Turin.

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