Sunday, July 25, 2010

Social Capital vs. Economic Capital

I was walking with a buyer (buyer is a farmer who acts as a part time agent for the company, buying cotton on the company's behalf) for the cotton company I'm working with, a very entrepreneurial and intelligent man. We walked past one of his farmer’s cotton fields that was being harvested. It was being picked late and the quality was compromised as a result. I asked him what quality grade he would give it “Grade A. I can’t give him any less because he’s my brother in law”.



We continued walking and saw his personal cotton field also being picked. There were two women picking the cotton and on the ground lay 3 empty, brand new picking bags. Beside the picking bags was a large pile of picked cotton sitting on the dirt. This was really compromising the cotton quality. He went and shouted at the women for not using the picking sacks (they wanted to take them home to use and window shades) and I asked if he would deduct their pay “No, I can’t they are my sisters”



This is an example of trading economic capital for social capital, another way Zambians “buy insurance” and stability in their unstable and dangerous lives. By trading money for favour with friends and family, they are providing some security in their lives. If they die, go bankrupt, lose their job, then there is an external force, a social network that can help cushion the blow to them and their immediate family.

3 comments:

  1. In today's world there is requirement for efficient and quality packing and moving services. Understanding the needs of the customers the company of Srivastava Associate Packers and Movers is establishing its officers in new cities and raising its standards of service.

    Having more than 10 years of experience in the field of packing and moving the company of Srivastava Associate Packers and Movers is very reputed and is helping the clients achieve true success.

    Many of the customers are very happy with their packing and moving services of yours of Srivastava Associate Packers and Movers and the main motto of the companies also customer satisfaction.


    Packers and Movers in Meerut
    Packers and Movers in Moradabad
    Packers and Movers in Saharanpur
    Packers and Movers in Muzaffarnagar
    Packers and Movers in Bulandshahr
    Packers and Movers in Bijnor
    Packers and Movers in Lucknow


    Movers and Packers in Meerut
    Movers and Packers in Moradabad
    Movers and Packers in Saharanpur
    Movers and Packers in Muzaffarnagar
    Movers and Packers in Bulandshahr
    Movers and Packers in Bijnor
    Packers and Movers in Lucknow

    ReplyDelete
  2. Many of the customers of Bharat International Packers and Movers are very happy and satisfied because of the professional outlook of the company. The company is helping the clients achieve true success because of the services it is providing to them.

    The company and staff of Bharat International Packers and Movers is very much reliable and trained so that they can handle all the packing and moving requirements of the customers without any problems.

    The company of Bharat International Packers and Movers is also having its offices in other cities of India and this is why it is also expanding and moving ahead in the packing and moving industry.


    Packers and Movers in Meerut
    Packers and Movers in Moradabad
    Packers and Movers in Muzaffarnagar
    Packers and Movers in Saharanpur
    Packers and Movers in Bijnor
    Packers and Movers in Bulandshahr


    Movers and Packers in Meerut
    Movers and Packers in Moradabad
    Movers and Packers in Muzaffarnagar
    Movers and Packers in Saharanpur
    Movers and Packers in Bijnor
    Movers and Packers in Bulandshahr



    ReplyDelete
  3. In today's world there is need for a reliable lawyer who can give legal advice to its clients and help them settle their disputes. Because of the growing need of a reliable and efficient lawyer Advocate Roopchand Sharma providing services to the clients in the city of Meerut.

    Civil lawyer in Meerut
    Criminal lawyer in Meerut
    Family lawyer in Meerut
    Consumer lawyer in Meerut

    Advocate Roopchand Sharma is providing services to the clients in civil law, criminal law, family law and consumer law.

    The main motto of Advocate Roopchand Sharma is that the litigation should be speedy and fruitful to the clients

    Advocate Roopchand Sharma provides online consultation to the clients so that they can get expert legal help from their homes.

    Advocate Roopchand Sharma is having more than 20 years of experience and provides comprehensive legal services to our clients under litigation of civil laws including money recovery, recovery disputes, suits related to children, wards, guardianship, estate, property, custody, execution, claims, partitions and various petitions.

    Civil lawyer in Meerut
    Criminal lawyer in Meerut
    Family lawyer in Meerut
    Consumer lawyer in Meerut

    ReplyDelete