Economic insecurity is rising, and social capital may be making it worse

  • M.E. Compton

Research output: Non-textual formWeb publication/siteProfessional

Abstract

Millions of Americans now experience economically insecure lives, often living pay check to pay check. Could improving people’s social capital – people’s trusted connections with one another – be one starting point to addressing this insecurity? In new research, Mallory E. Compton finds that social capital is actually linked with greater economic insecurity: where it is at its highest, nearly 18 percent of households are predicted to experience a substantial income loss in any given year. She points to the potential ‘dark side’ of social capital as one possible cause – strong bonds between the powerful can bring together resources to disadvantage already marginalised groups.
Original languageEnglish
PublisherLondon School of Economics and Political Science blog
Media of outputOnline
Publication statusPublished - 2019

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