SPOŁECZNY KAPITAŁ RYNKOWY
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Social Capital of Market
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Principal aim of social capital is to coordinate actions between single persons and collective entities. Because of a different coordination mechanisms it should be indicated that there are following types of positive social capital: family capital, company capital, market capital and public capital. The theory presented by R.D. Putnam regards mainly to public sector. Social capital of market in static approach is defined as a social structure that ensures reliability of participants of the market exchange. However in dynamic approach it is assumed that this phenomenon is a process that happens in following order: trust – social capital – reliability. In this paper author discusses the opinion that trust is a cognitive category and therefore he presents the hypothesis that individual trust is socially determined by formal and legal norms. The state agencies ensures feedback between reliability and the motivation system. Accumulation of social capital of market is an effect of collective operations that harmonize with social norms. Keywords: reliability, social capital, social capital of market, methodological individualism, functional explanation, predicates of reliability and credibility, values, accumulation of social capital, erosion of social capital, public social capital, extortion of reliability.
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