This guest post is contributed by Tim Handorf, who writes on the topics of top online colleges. He welcomes comments at tim.handorf.20@googlemail.com.
Last year, de Stricker's blog featured a post entitled “Social Capital: Invest in It.” The post summarized the reasons why we should invest in this increasingly important component of a system that makes use of interconnected sets of human relationships without exploiting them. Social capital adds a human dimension to traditional definitions of capital.
Social capital isn't a new concept - the earliest human communities depended on it for survival -
but it is now saturating the very fabric of our lives in a breathtakingly exciting way. The most inspiring part of it all is for information professionals is that information science is at the center of social capital as its purveyor, which is all the more reason why educators must stress skills in information seeking and management in order to maximize social capital. Whether they are producing graduates in engineering or sociology, educators will serve their students well by steering their attention to the importance of using social tools for positive outcomes.
Social capital and information science draw from various sources, and so by extension they are more conceptual than concrete. Both systems traffic in ideas, and ideas, pure and simple, are becoming more important in almost any forward-thinking career. Managing information will be the most powerful force in any future development, whether economic, environmental, or social in nature. If that simple fact isn't enough of a clarion call for educators to emphasize information skills in their curricula, I'm not sure what is.
Let me illustrate by citing a few specific trends in social capital and how they are fueled by information management.
1. Mass Collaboration or Wikinomics
A pervasive trend in the world of social capital is a phenomenon known as mass collaboration, or, more popularly, “Wikinomics”. The main tenets of mass collaboration are outlined in the book by Dan Tapscott and Anthony Williams by the same name: Being open, peering, sharing, and acting globally. Businesses, governments, and even social activists are increasingly embracing the Wikinomics model. What's most interesting is that information is the currency of mass collaboration. As such, when educators stress information skills, they are preparing their students for how pretty much every large-scale, idea-based project will operate.
2. Microcredit/finance
A few years ago, I had the privilege of hearing Nobel Peace Prize winner Muhammad Yunus speak. Yunus is considered the founding father of microcredit, an innovation in economics that considers future potential—not past credit history—in approving business startup loans. Microcredit was designed to battle poverty in the third world and has met with stunning success, especially in Yunus' home country, Bangladesh. The social capital connection here is fairly self-evident, but how does information science come into the picture? Simple. Yunus' basic idea was eventually appropriated and transported to a web-based platform so that microcredit online has been implemented by various organizations to enable peer-to-peer lending. As such, microcredit can been considered a subset of Wikinomics - based on the efficient dissemination of information.
3. Blessed Unrest: The emergence of the “largest movement in the world” that “no one saw coming.”
While the idea of mass collaboration is broad and that of microcredit is specific, they both fall into an umbrella categorization first discussed by noted entrepreneur and environmentalist Paul Hawken in his 2007 book “Blessed Unrest”. Hawken theorizes that information-based, grassroots organizations in the public and private sectors are banding together, thanks to the connectivity of the Internet and thus thanks to the effective sharing and management of information, to solve global problems.