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Spring 2019
ISSN 0890-913X
Volume 34, Number 1

Social Capital and Social Justice: Why Liberalism Is Essential

Alexander W. Craig, George Mason University
Nathan Goodman, George Mason University
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/index.php?action=ajax&rs=GDMgetPage&rsargs[]=2019 Journal of Private Enterprise Vol 34 No 1 Spring PARTE4.pdf&rsargs[]=0
SocialCapitalandSocialJustice:WhyLiberalismIsEssentialAlexanderW.CraigGeorgeMasonUniversityTheJournalofPrivateEnterprise34(1),2019,5973NathanGoodmanGeorgeMasonUniversity______________________________________________________AbstractInfluentialfigureswithincommunitiesaresometimesabletoexploittheirpositionandthenleveragetheirsocialstandingtoavoidaccountability,ofteninspiteoftheircommunitysnominalcommitmenttojustconduct.Thisoutcomemayleadindividualstoblamesocialcapitalforinjustice,abuse,andoutcomesatoddswithsocialjustice(particularlysocialequalitybetweenracial,gender,ability,andothersociallyconstructedgroups).Wearguethatneithersocialcapitalnorhierarchiesaretoblameperse,butalackofliberalismis.Hierarchiesaremoredangerouswhenindividualshavefewerexitoptionsandfeweralternativeopportunitiesforsocialsupportandmutuallybeneficialexchange.Liberalinstitutionsarenecessarytofosterthepluralism,polycentricity,andeconomicgrowththatcreatethesetypesofexitoptions.Tomitigatetheabusesassociatedwithhierarchyandsocialcapitalnetworksthatfacelittlecompetition,thoroughgoingliberalismthatitselfreliesonsocialcapitalisnecessary.Misdiagnosingtheproblemrisksexacerbatingit.______________________________________________________JELCodes:Z10,Z13Keywords:socialcapital,hierarchy,polycentricity,socialjustice,abuse,liberalismI.IntroductionInOctober2017,theNewYorkerreleasedareportdetailingtheyearsofsexualharassmentandassaultHarveyWeinsteinperpetratedagainstwomenintheentertainmentindustry.Despitenumerousvictims,extensivepublicattention,andevenjokesaboutthematteronpopulartelevisionprogramslike30Rockoverthoseyears,ittookaninvestigativereportintheNewYorkertobringWeinsteintoaccount.Whywasamanwhowaswell-knownandwhoworkedinaconspicuouslypublicindustryabletogetawaywithsuchabuse?Why
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