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New Frontiers of Cooperation in the Economy

Author

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  • Partha Dasgupta

    () (University of Cambridge)

Abstract

In this paper I study the role of social capital in a just society. In such a world, the most fruitful first step in considering communities as economic institutions isn’t to ask what social capital might be, but to ask instead a fundamental question facing any group of people who have agreed on a joint course of action: under what contexts can the members be sanguine that the promises they have made to one another are credible? I show that answering the question leads us to a tight and useable notion of social capital in a just world.

Suggested Citation

  • Partha Dasgupta, 2012. "New Frontiers of Cooperation in the Economy," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 1(1), pages 7-20, December.
  • Handle: RePEc:trn:csnjrn:v:1:i:1:p:7-20
    as

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    File URL: http://www.jeodonline.com/sites/jeodonline.com/files/articles/2012/12/21/jeoddasguptanewfrontiersofcooperationintheeconomy.pdf
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    References listed on IDEAS

    as
    1. Blanchflower, David G. & Oswald, Andrew J., 2004. "Well-being over time in Britain and the USA," Journal of Public Economics, Elsevier, pages 1359-1386.
    2. Besley, Timothy & Coate, Stephen & Loury, Glenn, 1993. "The Economics of Rotating Savings and Credit Associations," American Economic Review, American Economic Association, pages 792-810.
    3. Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-484, July.
    4. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, Oxford University Press, vol. 112(4), pages 1251-1288.
    5. Oswald, Andrew J, 1997. "Happiness and Economic Performance," Economic Journal, Royal Economic Society, vol. 107(445), pages 1815-1831, November.
    6. Besley, Timothy & Coate, Stephen, 1995. "Group lending, repayment incentives and social collateral," Journal of Development Economics, Elsevier, pages 1-18.
    7. Besley, Timothy & Coate, Stephen, 1995. "Group lending, repayment incentives and social collateral," Journal of Development Economics, Elsevier, pages 1-18.
    8. repec:cup:apsrev:v:81:y:1987:i:01:p:3-21_19 is not listed on IDEAS
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    Citations

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    Cited by:

    1. Giacomo, Degli Antoni & Fabio, Sabatini, 2013. "Disentangling the relationship between nonprofit and social capital: the role of social cooperatives and social welfare associations in the development of networks of strong and weak ties," MPRA Paper 44860, University Library of Munich, Germany.
    2. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2014. "Do cooperative enterprises create social trust?," Small Business Economics, Springer, pages 621-641.

    More about this item

    Keywords

    cooperation; institutions; cooperative enterprises; pro-social behavior; social capital; civic capital; trust;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • P13 - Economic Systems - - Capitalist Systems - - - Cooperative Enterprises
    • Z1 - Other Special Topics - - Cultural Economics

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