1/ There is no social capital without impersonal institutions to store it in. Human brains can only create/use/destroy it, not store it.
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Replying to @vgr
2/ Or put it another way, Gemeinschaft offers -ve interest rate on social capital store, thought it can seem +ve due to creation>destruction
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Replying to @vgr
3/ Gesellschaft stores can not only offer +ve interest when well conceived, they can also support exchange to/from financial capital
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Replying to @vgr
4/ But when trust in such institutions is at a historic low, financial capital stays trapped in its own world
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Replying to @vgr
5/ Why are we unable to invest huge $ surpluses in things like cities, educational institutions etc. like VCs in startups? Low trust
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Replying to @literalbanana
@literalbanana@vgr I bet the corvids can do it for centuries.1 reply 0 retweets 1 like
@emareaf @literalbanana @vgr big pile of diplomas printed on shiny mylar, swarm of new graduates swoop down and carry them away
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Replying to @St_Rev
@emareaf@literalbanana@vgr "oo, nice nest" "thanks, it's sociology"0 replies 0 retweets 1 likeThanks. Twitter will use this to make your timeline better. UndoUndo
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.