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Spring 2019

ISSN 0890-913X

Volume 34, Number 1

Categories: Spring 2019 | Liberalism

Social Capital and Social Justice: Why Liberalism Is Essential

Alexander W. Craig, George Mason University

Nathan Goodman, George Mason University

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SocialCapitalandSocialJustice:WhyLiberalismIsEssentialAlexanderW.CraigGeorgeMasonUniversityTheJournalofPrivateEnterprise34(1),2019,59–73NathanGoodmanGeorgeMasonUniversity______________________________________________________AbstractInfluentialfigureswithincommunitiesaresometimesabletoexploittheirpositionandthenleveragetheirsocialstandingtoavoidaccountability,ofteninspiteoftheircommunity’snominalcommitmenttojustconduct.Thisoutcomemayleadindividualstoblamesocialcapitalforinjustice,abuse,andoutcomesatoddswith“socialjustice”(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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Metadata [hide]

Title	Social Capital and Social Justice: Why Liberalism Is Essential
Authors/Creators:	Alexander W. Craig, George Mason University Nathan Goodman, George Mason University
Year:	2019
Volume:	34
Number:	1
Pages:	59 - 73
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	social capital, hierarchy, polycentricity, social justice, abuse, liberalism

Citation:
Craig, Alexander W.; Goodman, Nathan / 2019. "Social Capital and Social Justice: Why Liberalism Is Essential." The Journal of Private Enterprise, 34(1): 59-73.