Abstract
Social capital is in danger of going the way of political culture—a potentially powerful concept that is given many different meanings by many different people for many different purposes. This article starts by picking out three different aspects or dimensions of the concept—norms (especially trust), networks, and consequences. It then considers three models of social capital and the forms of trust and democracy associated with them. Finally it discusses the role of voluntary associations as a foundation for social capital, arguing that their importance may be overstated in the classical Tocquevillean model of the 19th century, and that, in any case, modern democracy may be increasingly based on different forms of trust and association.

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