ADM 1301 Lecture Notes - Lecture 4: Service Provider, Symbolic Capital, Human Capital

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Also referred to as the third segment : non profit, not-for-profit, voluntary, independent, community". Shared characteristics, values, interest, goals that provokes a sense of belonging. In its simplest form civil society could be considered as any organizations that are independent of businesses and government and that cannot be classified as part of the business or government segments. Activities mainly instituted through forms of reciprocal relationships or solidarity. Based on good neighborliness and social trust. Its value system is reciprocity-based: engagement, commitment, trust, obligation, cooperation, collaboration. The dominant definition of social capital emerging from the literature refers to the networks, norms, and understanding that facilitate cooperative activities within and among groups of individuals. Social capital is positioned as a key characteristic of civil society that differentiates it from the operation of the business and government. Highly informal forms: parent-teacher association, labour union, a group of people gathering at a bar every thursday evening. Monitoring through which policy is kept honest".

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